Auction Closed · Scheduled Auction Date Passed (03 Oct 2026)

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Commercial Auction in Mungeli | Indian Bank Auction

Commercial Land in Musalmanpara, Takhatpur · Reserve price ₹ 25,00,000 · Auction on 03 Oct 2026

Reserve price

₹ 25,00,000

EMD

₹ 2,50,000

Auction date

03 Oct 2026

Status

Ended

Bank

Indian Bank

Possession

As per notice

Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.

Property details

Property Type
Commercial
Description
Loan A/c: 50000528175 | Demand Notice: 08.09.2017, Rs 1,53,77,185.00 | Outstanding: Rs 5,08,46,498.00 as on 25.08.2026 plus further interest | Possession Date: 08.11.2017 | Bid Increment: — | EMD Last Date: 03/10/2026 (before e-auction end time) | Inspection: 26.08.2026 to 02.10.2026, 10:00 AM to 4:00 PM | Platform: https://baanknet.com | Encumbrance/Litigation: None noted (Property ID: IDIB50000528175a)
Area
9156 sqft
Locality
Mungeli
Full Address
Khasra No. 321/22 (part), PH No. 167, Mouza Musalmanpara, Ward No. 06, Takhatpur

Bank & auction terms

Auction ID
AX-1RDGP7P
Bank / Authority
Indian Bank
Reserve Price
₹ 25,00,000
EMD Amount
₹ 2,50,000
Auction Date
03 Oct 2026
Auction Time
10:00
Borrower Name
M/s New Salim Traders (Prop. Mohd Wahid Meman) (Borrower) | Mohd Yusuf Meman, Mohd Wahid Meman, Smt Naseem Bano Meman, Smt Zeenat Meman (Guarantors)
Bank Contact Details
support.baanknet@psballiance.com

Auction documents

  • Sale noticesale notice

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