Commercial Building for Auction Navlakha Square Indore 1.4 Crore by Karnataka Bank 30 Jun 2026
Navlakha Square, Indore
Area: 3984 sq. ft.
Lower Ground Floor Nos, LG-02 and LG-03, B.C.M City on Land Survey No.46, (Paiki)- 46/3, 46/3/2, (Paiki) 51 & 51/1, Navlakha Square, Village Chitawad
Karnataka Bank · ARM Branch
Reserve price
₹1,37,00,000
EMD ₹13,70,000
Auction date
30 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3984 sq. ft.
- ▸Locality: Navlakha Square
- ▸Reserve: ₹1,37,00,000
- ▸EMD: ₹13,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Building · Commercial |
| Locality | Navlakha Square |
| Built-up / plot area | 3984 sq. ft. |
| Lender | Karnataka Bank |
| Branch | ARM Branch |
| Unit / flat no. | LG-02 and LG-03 |
| 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 Navlakha Square, Indore by Karnataka Bank — reserve price ₹1,37,00,000, 3984 sq. ft., Symbolic possession.
Bank auction property! Commercial shop for sale in Chitawad, Indore. This commercial building apartment, located in B.C.M City, Navlakha Square, offers 3984 sq. ft. of space on the lower ground floor (LG-02 & LG-03). The auction, held by Karnataka Bank, features a reserve price of ₹13,700,000 and an EMD of ₹1,370,000. The e-auction is scheduled for 30-06-2026. Don't miss this opportunity to invest in a prime commercial location in Indore!
GeoSquare note: The property is a commercial building located in Indore, with a reserve price of ₹13,700,000 and symbolic possession. While the location is good, the symbolic possession may delay immediate use. Considering the details and the commercial nature, it presents a fair investment option but requires further due diligence.
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