ResidentialUpcoming auctionVerified listing
Residential in Indore
Indore
Reserve price
₹3.55 Cr
Auction date
09 Mar 2026
1:00 PM
EMD deadline
09 Mar 2026
4:00 PM
Bid increment
₹20,000.00
Location details
Property Address
Plot No 25/3, Old No 16/3, Old Palasia, Indore
City: Indore
District: Indore
State: Madhya Pradesh
Pin Code: 452001
Country: India
Carpet Area: 2420 sq ft
Facing: West
Unit of Measure: square feet
Auction timeline
Auction starts
09 Mar 2026 at 1:00 PM
Auction ends
09 Mar 2026 at 5:00 PM
EMD submission deadline
09 Mar 2026 at 4:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Residential
Sub Type
Individual House
Area
2420 sq ft
(Carpet)Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹3.55 Cr
Property Identifiers
Bank Property ID
MAHB40188577235
CERSAI ID
200039906452
Property Images
Borrower & Loan details
Borrower Name
M/s Mehta Marketing Solutions
Registered Address of Borrower
. Rashmi Mehta w/o Arpit Mehta
25/3, Old Palasia, Tilaknagar, Indore (MP) - 452 001
Mobile: +91-94250-56029
Owner
Lalita W/o Late Subhashchandra Mehta
Ownership of Property
Guarantor Cum Mortgagor
Co-Borrower(s)
Rashmi Mehta W/o Arpit Mehta
NPA Amount
₹9.97 Cr
NPA Date
27 Jun 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
40188577235
Demand Notice
Notice Date
15 Sept 2025
Notice Amount
₹10.68 Cr
Asset Classification
Classification Date
27 Jun 2025
Classification ID
2
Additional details
Other Details
On or towards the North : Shri Devvrat Sharma Plot (Private no 1)
On or towards the East : Plot on Om Dutt Sharma (Private no 5)
On or towards the West : Road
Description
Located at: Plot No 25/3, Old No 16/3, Old Palasia, Indore
*All those pieces and parcels of land situate being and lying at Plot No 25/3, Old No 16/3, Old Palasia, Indore admeasuring 2420 Square feet and bearing CTS/Survey Nos. Plot No 25/3, Old No 16/3, Old Palasia bounded as follows:
On or towards the North : Shri Devvrat Sharma Plot (Private no 1)
On or towards the East : Plot on Om Dutt Sharma (Private no 5)
On or towards the West : Road
On or towards the South: Nala, together with the buildings and structures/residential block constructed to/to be constructed thereon admeasuring 2420sq.ft[carpet] i.e. 2420sq.ft [built up].
CERSAI ID: 200039906452
EMD Schedule
EMD Start
18 Feb 2026
7:17 PM
EMD Deadline
09 Mar 2026
4:00 PM
Payment Deadline
09 Mar 2026
Inspection Schedule
Inspection Start
05 Mar 2026
12:00 PM
Inspection End
06 Mar 2026
4:00 PM
Officer Details
Authorized Officer
Kumar Gautam
Authorised Officer - Scale - IV - CM
Dealing Officer
Kumar Gautam
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹20,000.00
Extension Increment
₹20,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
CERSAI ID
200039906452
Property ID
MAHB40188577235
Property Images
Bank of Maharashtra
Verified seller
Branch: PALASIA
IFSC: MAHB
Bank contact
+91 98261 73089+91 99275 49111
Branch Address
18,KANCHAN SAGAR,A.B.ROAD,PALASIA,INDORE, P.O.PALASIABranch IFSC
MAHB0000106Department
PALASIA