Plot for Auction Mahalaxmi Nagar Colony Ward No 9 Village Magajpura Dhar 11.2 Lakh by Indusind Bank 22 Jul 2026

Quick read

• ▸Possession: Physical
• ▸Area: 312 Sq Ft
• ▸Locality: Mahalaxmi Nagar colony ward no. 9, Village Magajpura
• ▸Reserve: ₹11,23,200
• ▸EMD: ₹1,12,320

About this property

Plot bank auction in Mahalaxmi Nagar colony ward no. 9, Village Magajpura, Dhar by IndusInd Bank — reserve price ₹11,23,200, 312 Sq Ft, Physical possession.

An excellent opportunity to acquire a residential plot through an IndusInd Bank auction. This plot, part of Plot No. 77, is located in the well-established Mahalaxmi Nagar colony, Ward No. 9, Village Magajpura, Tehsil, and District Dhar-454001, Madhya Pradesh. Admeasuring 312 Sq Ft, this bank auction property offers a promising investment in a growing locality. The reserve price is ₹11,23,200 with an EMD of ₹1,12,320. The e-auction is scheduled for July 22, 2026. This plot for sale is under physical possession of the bank, making it a secure purchase. Contact Mr. Rajeev Chowksey at 8839904792 for more details.

GeoSquare note: This plot in Mahalaxmi Nagar colony, Dhar, is a strong buy due to its physical possession status, offering immediate control to the buyer. While the location in Dhar is a district town, it presents an affordable entry into property ownership with a reserve price of ₹11.23 Lakhs. The plot type is generally considered a good investment, though the 312 Sq Ft area is relatively small. The transparent auction process by IndusInd Bank further enhances its appeal.