Land for Auction Iqbalganj Ratlam 24.4 Lakh by Central Bank of India 29 Jun 2026
Iqbalganj, Ratlam
Area: 70.09 Sq.mts
Ward No. 27, Mohalla Iqbalganj, Jaora, Tehsil- Jaora, District-Ratlam (MP)
Central Bank of India · Regional Office Ratlam
Reserve price
₹24,45,000
EMD ₹2,44,500
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 70.09 Sq.mts
- ▸Locality: Iqbalganj
- ▸Reserve: ₹24,45,000
- ▸EMD: ₹2,44,500
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Iqbalganj |
| Built-up / plot area | 70.09 Sq.mts |
| Lender | Central Bank of India |
| Branch | Regional Office Ratlam |
| Unit / flat no. | Makan No. 4 |
| Building / society | Nagar Palika Parishad Jaora Record |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Iqbalganj, Ratlam by Central Bank of India — reserve price ₹24,45,000, 70.09 Sq.mts, Physical possession.
Discover a prime opportunity to own a residential house through a bank auction in Jaora, Ratlam, Madhya Pradesh. This property, known as Makan No. 4, is located in Ward No. 27, Mohalla Iqbalganj, Jaora. Spanning 70.09 Sq.mts, it offers physical possession, making it an attractive prospect. The bank auction property has a reserve price of ₹24,45,000.0, with an EMD of ₹2,44,500.0. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 04:00 PM, with property inspection available on June 28, 2026. This residential house for sale presents a compelling investment in Jaora's property market.
GeoSquare note: This residential house offers physical possession, which is a significant advantage in bank auctions, minimizing post-auction legal hassles. Located in Iqbalganj, Jaora, Ratlam, the property's size of 70.09 Sq.mts and a reserve price of ₹24.45 Lakhs make it a reasonably priced asset in a tier 3/4 city. The clear possession status and known absence of encumbrances enhance its investment appeal, making it a strong buy for potential homeowners or investors.
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