Plot for Auction Kum Prangan No 2 Dewas 22.9 Lakh by Bank of India 25 Jun 2026
KUM Prangan no. 2, Dewas
Area: 54.00 Sqmte
Leasehold plot no 20, situated in KUM Prangan no. 2 Dewas
Bank of India · Asset Recovery Branch
Reserve price
₹22,95,000
EMD ₹2,30,000
Auction date
25 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 54.00 Sqmte
- ▸Locality: KUM Prangan no. 2
- ▸Reserve: ₹22,95,000
- ▸EMD: ₹2,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | KUM Prangan no. 2 |
| Built-up / plot area | 54.00 Sqmte |
| Lender | Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Plot No. 20 |
| Building / society | KUM Prangan no. 2 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Plot bank auction in KUM Prangan no. 2, Dewas by Bank of India — reserve price ₹22,95,000, 54.00 Sqmte, Symbolic possession.
Discover a bank auction property: a leasehold plot, Plot No. 20, admeasuring 54.00 Sqmte, located in KUM Prangan No. 2, Dewas, Madhya Pradesh. This industrial land, offered by Bank of India, is an excellent opportunity for investors looking for plots for sale in Dewas. The reserve price is ₹22,95,000.00 with an EMD of ₹2,30,000.00. The e-auction is scheduled for June 25, 2026, from 11:00 AM to 5:00 PM. Property possession is symbolic. Secure this prime plot for your next venture through a transparent bank auction.
GeoSquare note: This leasehold plot of 54 Sqm in Dewas offers a fair investment opportunity, especially for small-scale industrial or commercial use given its location in KUM Prangan. The reserve price of ₹22.95 Lacs is reasonable for a plot of this size in a developing area. However, the leasehold nature and symbolic possession status introduce some complexities, hence a 'Fair Option' rating. Investors should conduct thorough due diligence regarding the lease terms and the process to gain physical possession.
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