Representative illustration — Land bank auction in Iqbalganj
Representative illustration — not the actual property photograph.
Land Residential Physical possession Strong Buy

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

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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

PossessionPhysical
Property typeLand · Residential
LocalityIqbalganj
Built-up / plot area70.09 Sq.mts
LenderCentral Bank of India
BranchRegional Office Ratlam
Unit / flat no.Makan No. 4
Building / societyNagar Palika Parishad Jaora Record
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

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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