Commercial Building for Auction Chitawad Indore 1.5 Crore by Karnataka Bank 30 Jun 2026
Chitawad, Indore
Area: 4152 Square Feet
B.C.M City, Land Survey No. 46, (Paiki) - 46/3, 46/3/2, (Paiki), 51 & 51/1, Navlakha Square, Village Chitawad, Taluk & District Indore
Karnataka Bank · ARM Branch
Reserve price
₹1,47,00,000
EMD ₹14,70,000
Auction date
30 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 4152 Square Feet
- ▸Locality: Chitawad
- ▸Reserve: ₹1,47,00,000
- ▸EMD: ₹14,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Building · Commercial |
| Locality | Chitawad |
| Built-up / plot area | 4152 Square Feet |
| Lender | Karnataka Bank |
| Branch | ARM Branch |
| Unit / flat no. | LG-08, LG-09, LG-10, LG-11, LG-12, LG-13, LG-14, LG-15, LG-16, LG-17, LG-18, LG-19, LG-20, LG-21, LG-22, LG-23, LG-24, LG-25, and LG-26 |
| Building / society | B.C.M City |
| Floor | Lower Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | bankauctions.in |
About this property
Commercial Building bank auction in Chitawad, Indore by Karnataka Bank — reserve price ₹1,47,00,000, 4152 Square Feet, Symbolic possession.
Bank auction property in Indore! Seize the opportunity to own a commercial shop for sale in the prime location of Chitawad. This commercial building apartment, located on Lower Ground Floor of B.C.M City, spans 4152 Square Feet. Karnataka Bank presents an e-auction on 2026-06-30 with a reserve price of ₹14700000.0 and an EMD of ₹1470000.0. Don't miss out on this investment opportunity in a sought-after commercial area. Contact the authorized officer for more details and secure your spot in the auction!
GeoSquare note: The property is a commercial building apartment in Indore with a decent area and strategic location. However, the symbolic possession status might deter some investors. Considering the reserve price and location, it's a fair option, but potential buyers should investigate the encumbrances.
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