Representative illustration — House bank auction in Sheetal Mega City
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Fair Option

House for Auction Sheetal Mega City Raisen 31.4 Lakh by Punjab National Bank 23 Jun 2026

Sheetal Mega City, Raisen

Area: 945 Sq.Ft.

Residential House, Plot No. 391, Part of Survey No.455, New Ward No.23, Old Ward No.17, Sheetal Mega City, Gram-Pipaliya Gajju, Mandideep, Tehsil-Goharganj, District-Raisen (MP)

Punjab National Bank · ARMB : BHOPAL

Reserve price

₹31,35,000

EMD ₹3,13,500

Auction date

23 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 945 Sq.Ft.
  • Locality: Sheetal Mega City
  • Reserve: ₹31,35,000
  • EMD: ₹3,13,500

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalitySheetal Mega City
Built-up / plot area945 Sq.Ft.
LenderPunjab National Bank
BranchARMB : BHOPAL
Unit / flat no.391
Building / societySheetal Mega City
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

House bank auction in Sheetal Mega City, Raisen by Punjab National Bank — reserve price ₹31,35,000, 945 Sq.Ft., Symbolic possession.

Seize the opportunity to bid on a residential house in Goharganj, Raisen, Madhya Pradesh through a bank auction property. This house is situated in Sheetal Mega City, offering a spacious layout of 945 Sq.Ft. The property is under symbolic possession with a reserve price of ₹3135000.0 and an EMD of ₹313500.0. The e-auction will be held on 2026-06-23. Don't miss out on this valuable investment in a developing locality. Register now and participate in the bank auction property for a chance to own this house!

GeoSquare note: The property is a residential house in a developing locality with symbolic possession. The reserve price seems reasonable, but the symbolic possession impacts its investment appeal. It could be a fair option for buyers looking for affordable housing in the area.

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