Land for Auction Mohalla Iqbalganj Ratlam 28.9 Lakh by Central Bank of India 29 Jun 2026
Mohalla Iqbalganj, Ratlam
Area: 85.16 Sq. Mts
Ward No. 27, Mohalla Iqbalganj, Jaora, Tehsil-Jaora, District-Ratlam (MP)
Central Bank of India · Regional Office Ratlam
Reserve price
₹28,88,000
EMD ₹2,88,800
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 85.16 Sq. Mts
- ▸Locality: Mohalla Iqbalganj
- ▸Reserve: ₹28,88,000
- ▸EMD: ₹2,88,800
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Mohalla Iqbalganj |
| Built-up / plot area | 85.16 Sq. Mts |
| Lender | Central Bank of India |
| Branch | Regional Office Ratlam |
| Unit / flat no. | Makan No. 3 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Mohalla Iqbalganj, Ratlam by Central Bank of India — reserve price ₹28,88,000, 85.16 Sq. Mts, Physical possession.
An excellent opportunity to acquire a residential house (Makan No. 3) in Mohalla Iqbalganj, Ward No. 27, Jaora, Tehsil-Jaora, District-Ratlam (MP) through a bank auction by Central Bank of India. This property, spanning 85.16 Sq. Mtrs, is offered with physical possession and no known encumbrances, making it a highly attractive investment. The e-auction is scheduled for June 29, 2026, with a reserve price of ₹28,88,000 and EMD of ₹2,88,800. Property inspection is available on June 28, 2026. This bank auction property in Jaora presents a prime chance for homebuyers or investors seeking a well-located residential house.
GeoSquare note: This residential house in Jaora, Ratlam, offers significant investment appeal due to its advantageous 'Physical Possession' status and no known encumbrances. The property size of 85.16 Sq. Mtrs is suitable for a family home, and the reserve price of ₹28,88,000 appears competitive for the location. Given these factors, it represents a strong buying opportunity for individuals or investors.
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