Auction Closed · Scheduled Auction Date Passed (09 Oct 2026)
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Industrial Auction in Dewas | Bank of India Auction
Factory Land & Building, Plot 7/11/B-1, Industrial Area 2, Dewas · Reserve price ₹ 2,42,00,000 · Auction on 09 Oct 2026
₹ 2,42,00,000
Reserve price
Reserve price
₹ 2,42,00,000
EMD
₹ 24,20,000
Auction date
09 Oct 2026
Status
Ended
Bank
Bank of India
Possession
symbolic
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
- Industrial
- Description
- Asset Recovery Branch, Zonal Office Indore. Amount Rs.5,03,66,496.46 as on 10.04.2023 + interest & other charges. Demand notice 10.04.2023, possession 07.07.2023.
- Area
- 4000 sqm
- Possession
- symbolic
- Locality
- Dewas
- Full Address
- Lease hold factory Land & Building, Plot No.7/11/B-1, Industrial Area No.2, AB Road, District Dewas, MP-455001
- Pincode
- 455001
Bank & auction terms
- Auction ID
- AX-0K0573W
- Bank / Authority
- Bank of India
- Reserve Price
- ₹ 2,42,00,000
- EMD Amount
- ₹ 24,20,000
- Auction Date
- 09 Oct 2026
- Auction Time
- 11:00
- Borrower Name
- M/s Shree Mahalaxmi Food Products, Shyam Garg, Naveen Garg, Anand Garg, Anshul Garg, Usha Garg (Guarantor)
- Bank Contact Details
- 07312445122, arb.indore@bankofindia.bank.in
Auction documents
- Sale noticesale notice
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