900 Square Meter out of the Total Mortgaged Land Admeasur...

The BANK OF INDIA, a Public sector organization in India, has issued a Government E-Auction Notice for 900 Square Meter out of the Total Mortgaged Land Admeasuring 1.90 Ha, 0.05 Ha has been Residentially Diverted and the Rest is Industrially Diverted for Sale in Ratlam Namkeen & Allied Food Cluster Kar... in Ratlam, Madhya Pradesh, India.

This Auction Notification (Tender ID: BKID20262701 | Ref ID: 149242999). The estimated auction value is ₹ 229000000. The notice was published on 16 Sep 2026, and the e-auction is scheduled to begin on 25 Sep 2026 through the designated e-procurement / e-auction portal.

This public sector e-auction in India provides an opportunity for eligible bidders, contractors, traders, and suppliers to participate in a transparent online bidding process. Interested participants are advised to carefully review the eligibility criteria, asset details, reserve price (if applicable), registration process, EMD requirements, and bidding terms before the auction start date.

Businesses seeking government auction opportunities in India should regularly monitor this listing for corrigendum updates, document downloads, and auction participation guidelines.

Procurement Summary

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Country: India

State: Madhya Pradesh

Summary: 900 Square Meter out of the Total Mortgaged Land Admeasuring 1.90 Ha, 0.05 Ha has been Residentially Diverted and the Rest is Industrially Diverted for Sale in Ratlam Namkeen & Allied Food Cluster Kar...

Posting Date: 16 Sep 2026

Deadline: 25 Sep 2026

Purchaser's Detail

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Other Information

Notice Type: Auction

RefID: 149242999

Notice Ref. No.: BKID20262701

Tender Value: ₹ 229000000

Tender EMD: ₹ 22950000.00

Tender Document Cost: Refer Document

Competition: NCB

Financier: Self Financed

Purchaser Ownership: Public

Tender's Details

900 square meter Out of the total mortgaged land admeasuring 1.90 ha, 0.05 ha has been residentially diverted and the rest is industrially diverted for sale in Ratlam Namkeen & Allied Food Cluster Karmadi
Auction ID : 360605
Auction ID360605
Customer ID140601446
Bank Property IDBKID20262701
BranchRATLAM-9480
Officer, DesignationAMIT KUMAR SINGH-CM CHECKER
BankBank of India
Property TypeIndustrial
Property Sub TypeOthers
Borrower's NameM/S SAIYYAD AKHTAR ALI (SAA - 140601446), M/S S A INFRASTRUCTURE (SA - 178151986) and M/S V R CONSTRUCTION (VR - 141550148)
Registered Address of Borrower01, Wahid Nagar, Old Bye Pass Road, Ratlam (MP)-457001
Type of ActionUnder SARFAESI
Inspection Date & Time From: 18-09-2026 12:00
Inspection Date & Time To: 18-09-2026 16:00
Dealing Officer Name, Designation: Mr. Akshay Katiyar, Chief Manager
Mobile No.: 9425049567
Branch Address: Plot NO 04, Municipal No. 24, Mohalla Najarbag Bank Colony
Carpet Area 900.00 sq meter
Built Up Area927.53 sq meter
Possession TypeSymbolic
Reserve price22.9 Cr
EMD Amount₹2, 29, 50, 000.00
EMD End Date & Time25-09-2026 17:00
Auction Start Date & Time25-09-2026 11:00
Auction End Date & Time25-09-2026 17:00
Contact UsJoin AuctionGeneral DetailProperty DetailInspection DetailBusiness Rule
Reserve price: ₹22, 95, 00, 000.00
EMD: ₹2, 29, 50, 000.00
Increment Price: ₹5, 00, 000.00
Increment Price During Extension: ₹1, 00, 000.00
Extend Time When Valid Bid Received in Last(In Minutes): 10
Extend Time By (In Minutes): 10
Property Type: Industrial
Property Sub Type: Others
Possession Type: Symbolic
Property Address: Land survey number 186/1/1, 186/1 admeasuring 1.90 ha located at Patwari Halka No. 25, Revenue Circle No. 2, Kasba Ratlam, Tehsil and District Ratlam, M.P.
Is this property available for Loan offer?: No
Carpet Area (square meter): 900.00
Built Up Area (square meter): 927.53
Specific Property Sub Type: Out of the total mortgaged land admeasuring 1.90 ha, 0.05 ha has been residentially diverted and the rest is industrially diverted