Representative illustration — Flat bank auction in Arera Colony
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Arera Colony Bhopal 26.7 Lakh by Central Bank of India 29 Jun 2026

Arera Colony, Bhopal

Area: 557.0 Sq Feet

Flat no 128, Surendra Palace, Sub Area Vaishnav, Hoshangabad Road, Surendra Palace Narayan nagar, Arera Colony, near 30 Meter Food Pitara, District Bhopal, MP, 402026

Central Bank of India · Regional Office : Bhopal

Reserve price

₹26,72,000

EMD ₹2,67,200

Auction date

29 Jun 2026, 10:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 557.0 Sq Feet
  • Locality: Arera Colony
  • Reserve: ₹26,72,000
  • EMD: ₹2,67,200

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityArera Colony
Built-up / plot area557.0 Sq Feet
LenderCentral Bank of India
BranchRegional Office : Bhopal
Unit / flat no.Flat No 128
Building / societySurendra Palace
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Flat bank auction in Arera Colony, Bhopal by Central Bank of India — reserve price ₹26,72,000, 557.0 Sq Feet, Symbolic possession.

Discover a promising bank auction property: a 557 Sq Ft residential flat (No. 128) located in Surendra Palace, Arera Colony, Hoshangabad Road, Bhopal. This property, offered by Central Bank of India, is part of an auction that also includes Flat No 610 in Bhagwan Parishar, Misrod (Huzur, Bhopal), a property in Shastri Nagar (Hoshangawad), and Flat No 404 in Chinar Dream City, Hanumant Narela (Bhopal). The primary property, Flat 128, is strategically situated near 30 Meter Food Pitara. Boundaries include Flat 137 (North), Flat 127 (South), Flat 129 (East), and Colony Road (West). With a reserve price of ₹26.72 Lakhs and an EMD of ₹2.67 Lakhs, this could be a strong investment opportunity. The e-auction is scheduled for June 29, 2026, with property inspection on June 19, 2026. Interested buyers should submit EMD by June 28, 2026.

GeoSquare note: This residential flat is a strong buy due to its location in the well-regarded Arera Colony, Bhopal, and the competitive reserve price for a 557 sq ft unit. While possession is symbolic, this is common for bank auctions. The security encompasses multiple properties, though the primary listed with area and boundaries is Flat 128. Good investment appeal given the location and clear auction details.

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