IndustrialUpcoming auctionVerified listing
Industrial in dewas
dewas, Dewas
Reserve price
₹2.42 Cr
Auction date
10 Feb 2026
11:00 AM
EMD deadline
10 Feb 2026
4:59 PM
Bid increment
₹25,000.00
Auction timeline
Auction starts
10 Feb 2026 at 11:00 AM
Auction ends
10 Feb 2026 at 5:00 PM
EMD submission deadline
10 Feb 2026 at 4:59 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Industrial
Sub Type
Industrial Shed
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Property Price
₹2.42 Cr
Property Identifiers
Bank Property ID
BKID000000249
CERSAI ID
200014458455
Collateral ID
IRZ101557410
Location details
Property Address
plot no. 7/11/B-1, Industrial Area no. 2 AB Road District Dewas
Locality: dewas
City: Dewas
District: Dewas
State: Madhya Pradesh
Pin Code: 455001
Country: India
Borrower & Loan details
Borrower Name
M/s Shree Mahalaxmi Food Products
Registered Address of Borrower
Plot No. 7/11, B-1 Industrial Area No. 2, AB Road Dewas, District Dewas, MP (455001)
Ownership of Property
Borrower
Co-Borrower(s)
Mr.Shyam Garg S/o Shriram,Mr. Naveen Garg S/o Shriram Garg,Mr. Anand Garg S/o Shyam Garg,Mr. Anshul Garg S/o Shyam Garg
Guarantor
Mrs. Usha Garg W/o Shyam Garg
NPA Amount
₹5.04 Cr
NPA Date
22 Mar 2023
Ownership Type
Leasehold
Title Deed
Registered Lease Deed
Asset Type
Immovable
Collateral ID
IRZ101557410
Customer ID
011507650
Guarantor Address
43-B Seth Jeetmal Nagar AB Road Dewas MP (455001)
Demand Notice
Notice Date
10 Apr 2023
Notice Amount
₹5.04 Cr
Asset Classification
Classification Date
22 Mar 2025
Classification ID
4
Possession Dates
Symbolic
07 Jul 2023
Additional details
Property USP
UNDER SARFAESI
Description
EQM of lease hold factory Building situated at plot no. 7/11/B-1, Industrial Area no. 2 AB Road District Dewas having Plot area 4000 Sq. Mtr in the name of M/s Shree Mahalaxmi Food Products.
EMD Schedule
EMD Start
07 Jan 2026
12:49 PM
EMD Deadline
10 Feb 2026
4:59 PM
Payment Deadline
10 Feb 2026
Inspection Schedule
Inspection Start
07 Feb 2026
11:00 AM
Inspection End
07 Feb 2026
4:00 PM
Officer Details
Authorized Officer
Vikas Kumar
CHIEF MANAGER
Dealing Officer
VIKAS KUMAR, CHIEF MANAGER
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Asset Type
Immovable
Collateral ID
IRZ101557410
CERSAI ID
200014458455
Property ID
BKID000000249
Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH INDORE
IFSC: BKID
Bank contact
+91 73124 45122+91 95685 86767
Branch Address
Bank Of India, Zonal Office, Plot No.9, RC Scheme No 134, MR 10 Road, IndoreBranch IFSC
BKID0008930Department
ASSET RECOVERY BRANCH INDORE