Representative illustration — Commercial Building bank auction in Navlakha Square
Representative illustration — not the actual property photograph.
Commercial Building Commercial Symbolic possession Fair Option

Commercial Building for Auction Navlakha Square Indore 99 Lakh by Karnataka Bank 30 Jun 2026

Navlakha Square, Indore

Area: 2242 sq. ft.

Upper Ground Floor Nos. UG-11, UG-12, UG-13, UG-14 UG-15, UG-16 UG-17, UG-18 UG-19 & UG-20, B.C.M City, Land Survey No. 46, (Paiki)-46/3, 46/3/2, (Paiki) 51 & 51/1, Navlakha Square, Village Chitawad

Karnataka Bank · ARM Branch

Reserve price

₹99,00,000

EMD ₹9,90,000

Auction date

30 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 2242 sq. ft.
  • Locality: Navlakha Square
  • Reserve: ₹99,00,000
  • EMD: ₹9,90,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Building · Commercial
LocalityNavlakha Square
Built-up / plot area2242 sq. ft.
LenderKarnataka Bank
BranchARM Branch
Unit / flat no.UG-11, UG-12, UG-13, UG-14, UG-15, UG-16, UG-17, UG-18, UG-19 & UG-20
Building / societyB.C.M City
FloorUpper Ground Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerbankauctions.in

About this property

Commercial Building bank auction in Navlakha Square, Indore by Karnataka Bank — reserve price ₹99,00,000, 2242 sq. ft., Symbolic possession.

Bank auction property! Commercial building for sale in Chitawad, Indore. This 2242 sq. ft. upper ground floor commercial space at B.C.M City, Navlakha Square is up for e-auction by Karnataka Bank. The auction is scheduled for 2026-06-30 with a reserve price of ₹9900000 and an EMD of ₹990000. Don't miss this opportunity to invest in a prime commercial location in Indore. Contact Karnataka Bank or visit bankauctions.in for details.

GeoSquare note: The property is a commercial building in Indore, offered at a reserve price of ₹9900000. The symbolic possession status indicates potential delays or legal hurdles. Its location in Chitawad, a known commercial area, adds to its value, but the symbolic possession affects its immediate usability.

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