Representative illustration — Commercial Property bank auction in Bhikangaon
Representative illustration — not the actual property photograph.
Commercial Property Commercial Constructive possession Fair Option

Commercial Property for Auction Bhikangaon Khargone 38.1 Lakh by Union Bank of India 12 Jun 2026

Bhikangaon, Khargone

Area: 1316 sq. ft

Block No. 185 Jawahar Marg Ward No. 13 Bhikangaon Tehsil Bhikangaon Dist Khargone

Union Bank of India · Asset Recovery Branch

Reserve price

₹38,10,000

EMD ₹3,81,000

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Possession: Constructive
  • Area: 1316 sq. ft
  • Locality: Bhikangaon
  • Reserve: ₹38,10,000
  • EMD: ₹3,81,000

Auction snapshot

PossessionConstructive
Property typeCommercial Property · Commercial
LocalityBhikangaon
Built-up / plot area1316 sq. ft
LenderUnion Bank of India
BranchAsset Recovery Branch
Auction typeSARFAESI Auction
Bid increment₹38,100
Service providerBAANKNET

About this property

Commercial Property bank auction in Bhikangaon, Khargone by Union Bank of India — reserve price ₹38,10,000, 1316 sq. ft, Constructive possession.

Bank auction property! Prime commercial shop for sale in Bhikangaon, Khargone, Madhya Pradesh. This property, located at Block No. 185 Jawahar Marg Ward No. 13, offers 1316 sq. ft of space, perfect for establishing or expanding your business. The auction is conducted by Union Bank of India with a reserve price of ₹38,10,000 and an EMD of ₹3,81,000. Don't miss this opportunity to invest in a strategically located commercial property. The e-auction is on 2026-06-12, seize this chance to own a valuable asset!

GeoSquare note: This commercial property in Bhikangaon presents a fair investment opportunity given its price range and location. While the location offers potential, the constructive possession status adds a layer of complexity. The property's size and reserve price need careful evaluation against local market conditions to determine its true value and investment appeal.

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