Commercial Property for Auction Nazirabad Tehsil Berasia Bhopal 62.9 Lakh by Canara Bank 29 Jun 2026
Nazirabad, Tehsil Berasia, Bhopal
Area: 0.405 Hectare
Commercial diverted land measuring 0.405 Hectare of Khasra no. 52/1/2/2/2/2, situated at village- Nazirabad, Patwati Halka No. 19, R.N.M-Nazirabad, Tehsil Berasia, Bhopal (M.P).
Canara Bank · Specialised ARM Branch
Reserve price
₹62,91,000
EMD ₹6,29,100
Auction date
29 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.405 Hectare
- ▸Locality: Nazirabad, Tehsil Berasia
- ▸Reserve: ₹62,91,000
- ▸EMD: ₹6,29,100
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Nazirabad, Tehsil Berasia |
| Built-up / plot area | 0.405 Hectare |
| Lender | Canara Bank |
| Branch | Specialised ARM Branch |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Nazirabad, Tehsil Berasia, Bhopal by Canara Bank — reserve price ₹62,91,000, 0.405 Hectare, Symbolic possession.
Discover a valuable opportunity to acquire a commercial diverted land parcel measuring 0.405 Hectare (approximately 43,594 sq. ft.) through a Canara Bank e-auction. Located in Nazirabad, Tehsil Berasia, Bhopal (M.P), this prime commercial land is identified by Khasra no. 52/1/2/2/2/2. The property is offered on an 'AS IS WHERE IS' basis with a reserve price of ₹6,291,000 and an EMD of ₹629,100. The e-auction is scheduled for June 29, 2026. While the property has symbolic possession and is noted as landlocked, its commercial zoning in a developing region like Bhopal presents a significant investment for businesses or developers seeking a strategic land acquisition.
GeoSquare note: This commercial land offers substantial area (0.405 Hectare) at a reasonable reserve price of ₹6,291,000 in Bhopal. The 'Symbolic' possession status means the buyer will need to work towards physical possession. A key factor influencing its rating is the 'land locked' status, which can pose challenges for access and development. However, its commercial classification and location in a growing area make it a fair investment for buyers prepared to address these specific issues.
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