Plot for Auction Sector B Industrial Area Mandideep Raisen 1.7 Crore by Indian Bank 29 Jun 2026
Sector B Industrial Area, Mandideep, Raisen
Area: 21950.44 Sq.Ft.
Plot No 63-A & 63-B, Infront of Procter & Gamble Factory, Sector B Industrial Area, Mandideep, Tehsil Goharganj, Raisen M.P.
Indian Bank · Zonal Office: Office Complex (Bhopal)
Reserve price
₹1,74,08,000
EMD ₹17,40,800
Auction date
29 Jun 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Area: 21950.44 Sq.Ft.
- ▸Locality: Sector B Industrial Area, Mandideep
- ▸Reserve: ₹1,74,08,000
- ▸EMD: ₹17,40,800
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Sector B Industrial Area, Mandideep |
| Built-up / plot area | 21950.44 Sq.Ft. |
| Lender | Indian Bank |
| Branch | Zonal Office: Office Complex (Bhopal) |
| Unit / flat no. | Plot No 63-A & 63-B |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Sector B Industrial Area, Mandideep, Raisen by Indian Bank — reserve price ₹1,74,08,000, 21950.44 Sq.Ft., Physical possession.
An excellent opportunity to acquire prime industrial land through a bank auction by Indian Bank. This listing features two contiguous plots, Plot No 63-A (8000 Sq.Ft.) and Plot No 63-B (13950.44 Sq.Ft.), located in Sector B Industrial Area, Mandideep, Tehsil Goharganj, Raisen, Madhya Pradesh. The property is strategically situated in front of the Procter & Gamble Factory, making it ideal for industrial or commercial development. With a total area of 21950.44 Sq.Ft. and physical possession, this bank auction property offers significant investment potential. The e-auction is scheduled for June 29, 2026, with a reserve price of ₹17,408,000.0. Don't miss this industrial plot for sale in a thriving area.
GeoSquare note: This is a strong investment opportunity due to its 'Industrial' category and strategic location in Sector B Industrial Area, Mandideep, Raisen. The large combined area of 21950.44 Sq.Ft. and confirmed 'Physical Possession' significantly enhance its appeal. The reserve price of ₹17,408,000.0 appears reasonable for industrial land of this size in a growing industrial hub.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.