Plot for Auction Industrial Growth Center Borgaon Chhindwara 16.1 Lakh by Canara Bank 07 Jul 2026
Industrial Growth Center Borgaon, Chhindwara
Area: 577 sq. mtr.
Plot no. J-38, Sector-J, Industrial Area, Industrial Growth Center Borgaon, Village Khairitaigaon, Borgaon Tehsil Sausar, District Chhindwara
Canara Bank · Regional Office : Bhopal
Reserve price
₹16,14,000
EMD ₹1,61,400
Auction date
07 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 577 sq. mtr.
- ▸Locality: Industrial Growth Center Borgaon
- ▸Reserve: ₹16,14,000
- ▸EMD: ₹1,61,400
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Industrial Growth Center Borgaon |
| Built-up / plot area | 577 sq. mtr. |
| Lender | Canara Bank |
| Branch | Regional Office : Bhopal |
| Unit / flat no. | J-38 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Industrial Growth Center Borgaon, Chhindwara by Canara Bank — reserve price ₹16,14,000, 577 sq. mtr., Symbolic possession.
Bank auction property! This leasehold plot is located in J-38, Sector-J, Industrial Growth Center Borgaon, Sausar, Chhindwara, Madhya Pradesh. The plot spans 577 sq. mtr. and is ideally situated. Canara Bank is conducting the e-auction with a reserve price of ₹1614000. EMD is set at ₹161400. Don't miss out on this excellent opportunity to acquire property through a bank auction in a prime industrial area. Perfect for industrial or investment purposes. Act fast and participate in the auction!
GeoSquare note: The property is a plot in an industrial area with symbolic possession, which can present challenges. The reserve price is reasonable, but the location and possession status slightly lower its investment appeal. This auction could be a fair option for investors familiar with the local market.
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