Plot for auction Mhow Indore 57 lakh LIC Housing Finance Ltd

A residential plot located in the Mhow area of Indore, Madhya Pradesh, is being offered for auction by LIC Housing Finance Ltd. This asset, previously owned by Mr Aamir khan, presents a valuable opportunity for investment or development in a developing region. The property is categorized as residential and is available through a SARFAESI auction. The plot is situated in Indore, a rapidly growing city in Madhya Pradesh, known for its commercial and educational hubs.

This is a SARFAESI auction conducted by LIC Housing Finance Ltd for a residential plot in Mhow, Indore. The auction will commence on November 19, 2025, at 12:00 PM and conclude at 03:00 PM on the same day. The reserve price for this property is ₹5,700,000.00, with an Earnest Money Deposit (EMD) of ₹570,000.00 required to participate. This auction provides a transparent and legally defined process for acquiring the property.

The plot in Mhow presents a calculated opportunity due to its location near Indore. The reserve price seems reasonable, however, thorough due diligence of the location and market is necessary. The auction terms appear standard, making it a potential investment with moderate risk.