Representative illustration — Commercial Property bank auction in Nazirabad, Tehsil Berasia
Representative illustration — not the actual property photograph.
Commercial Property Commercial Symbolic possession Fair Option

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

PossessionSymbolic
Property typeCommercial Property · Commercial
LocalityNazirabad, Tehsil Berasia
Built-up / plot area0.405 Hectare
LenderCanara Bank
BranchSpecialised ARM Branch
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

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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