Land for auction Hatod Indore 99 lakh Bank of India

Discover a prime commercial property in Hatod, Indore, Madhya Pradesh, offered by the Bank of India through a SARFAESI auction. This asset, formerly belonging to M/s Neelhans Herbs & Bio Science, presents a significant investment opportunity in a growing commercial hub. The property is ideally suited for various business ventures, offering potential for high returns. Its location in Hatod, Indore, ensures accessibility and visibility. Don't miss the chance to acquire this valuable commercial asset.

The Bank of India is conducting an online SARFAESI auction for a commercial property located in Hatod, Indore, Madhya Pradesh. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price is set at ₹99,00,000, with an Earnest Money Deposit (EMD) of ₹9,90,000 required to participate. This is a unique opportunity to acquire a commercial asset directly from the bank. Interested bidders are advised to review all auction terms and conditions.

The property is located in an industrial area and presents a calculated opportunity for investors looking to expand their commercial holdings. The reserve price seems reasonable, but potential buyers should thoroughly investigate the area and land use regulations before bidding. The symbolic possession adds a layer of risk that should be carefully considered.