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Residential in Bhicholi Hapsi

Bhicholi Hapsi

Reserve price
₹1.85 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
Patwari Halka no 58, Gram Sanavdiya, Indore
City: Bhicholi Hapsi
District: Indore
State: Madhya Pradesh
Pin Code: 452016
Country: India
Nearest Airport / Railway Station / Bus Stand
Indore
Carpet Area: 2362 sq ft
Carpet Area: 2362 sq m
Facing: West
Unit of Measure: square meter

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
Plot
Area
2362 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
₹1.85 Cr
Property Identifiers
Bank Property ID
MAHB40189821773

Property Images

Borrower & Loan details

Borrower Name
Mehta And Sons
Registered Address of Borrower
25/3, Old Palasia, Tilaknagar, Indore (MP) - 452 001
Owner
Mr. Lalita Mehta W/o Late Shri Subhash Mehta,Mr. Arpit Mehta S/o Late Subhashchandra Mehta,Mrs. Rashmi Mehta S/O Mr. Arpit Mehta
Ownership of Property
Borrower & Guarantor
Co-Borrower(s)
Mr. Arpit Mehta s/o Late Subhashchandra Mehta
NPA Amount
₹4.98 Cr
NPA Date
27 Jun 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
40189821773
Demand Notice
Notice Date
15 Sept 2025
Notice Amount
₹5.27 Cr
Asset Classification
Classification Date
27 Jun 2025
Classification ID
2

Additional details

Other Details
there is setback of 138 sq.mt
Description
"1. Located at: Survey no. 86/4 pacci & 87/8/1, Patwari Halka no 58, Gram Sanavdiya, Indore Mortgaged by: Mortgaged by Guarantor Mortgagers:- Mrs. Lalita Mehta W/o Late Late Subhashchandra Mehta *All those pieces and parcels of land situate being and lying at village Sanavadiya in the registration Dist. Indore Sub-Dist. Indore admeasuring 0.063Hectares, there is setback of 138 sq.mt, so net land area remains is 492 sq.mt. or 5294 sq.ft., 2. Located at: Diverted Land survey No 86/4/2 Paiki and 87/8/1/2, Sanavadiya, Indore, *All those pieces and parcels of land situate being and lying at village Sanavadiya in the registration Dist. Indore Sub-Dist. Indore admeasuring 0.062Hectares, 3. Located at: Diverted Land survey No 86/4/4 Paiki and 87/8/1/4 Paiki, Sanavadiya, Indore *All those pieces and parcels of land situate being and lying at village Sanavadiya in the registration Dist. Indore Sub-Dist. Indore admeasuring 0.063Hectares,4. Diverted Land Survey no 86/4/3 Paiki and 87/8/1/3, Sanavadiya, Indore Mortgaged by: Mortgaged by Borrower Mortgagers:- Mrs. Rashmi Mehta S/O Mr. Arpit Mehta *All those pieces and parcels of land situate being and lying at village Sanavadiya in the registration Dist. Indore Sub-Dist. Indore admeasuring 0.062Hectares, Note: 1. Property No. 1,2,3 and 4 will be sold jointly.

EMD Schedule

EMD Start
18 Feb 2026
7:16 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
Property ID
MAHB40189821773

Nearby Amenities

Nearest Station
Indore
Bank of Maharashtra logo
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.PALASIA
Branch IFSC
MAHB0000106
Department
PALASIA