Representative illustration — Commercial Shop bank auction in HIG
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Strong Buy

Shop for Auction Hig Ujjain 15.6 Lakh by Grihum Housing Finance Limited 14 Jul 2026

HIG, Ujjain

Area: 238 sq Ft

Shop No. 12, Ground Floor, Vinayak Tower, Plot No. 83, HIG, Ujjain, Madhya Pradesh

GRIHUM HOUSING FINANCE LIMITED · Registered Office : Pune

Reserve price

₹15,61,875

EMD ₹1,56,187

Auction date

14 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 238 sq Ft
  • Locality: HIG
  • Reserve: ₹15,61,875
  • EMD: ₹1,56,187

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityHIG
Built-up / plot area238 sq Ft
LenderGRIHUM HOUSING FINANCE LIMITED
BranchRegistered Office : Pune
Unit / flat no.Shop No. 12
Building / societyVinayak Tower
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Commercial Shop bank auction in HIG, Ujjain by GRIHUM HOUSING FINANCE LIMITED — reserve price ₹15,61,875, 238 sq Ft, Physical possession.

An excellent opportunity to acquire a commercial shop (Shop No. 12, Ground Floor) in Vinayak Tower, Plot No. 83, HIG, Ujjain, Madhya Pradesh, through a bank auction by GRIHUM HOUSING FINANCE LIMITED. This 238 sq. ft. commercial property boasts physical possession and is ideally located in a prominent area, making it suitable for various business ventures. The e-auction offers a competitive reserve price of ₹1,561,875.0, with an Earnest Money Deposit (EMD) of ₹156,187.50. Prospective bidders can inspect the property on 2026-07-01, and the auction is scheduled for 2026-07-14 from 11 AM to 2 PM. This bank auction property presents a valuable investment for those looking to expand their commercial portfolio in Ujjain. Contact the bank for further details.

GeoSquare note: This commercial shop in Ujjain offers a strong investment opportunity with physical possession. Its prime location in HIG, Vinayak Tower, and reasonable reserve price make it highly attractive. The clear encumbrance status ('NIL') further enhances its appeal. Given the demand for commercial spaces, this property holds significant potential for capital appreciation and rental income.

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