Plot in Indus Town Colony Phase II, Pithampur: Authum Investment & Infrastructure auction

The reserve is ₹17,15,000 and the earnest-money deposit (EMD) is ₹1,71,500. The published submission deadline is 15 Dec 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.

Register on the auction platform in advance, pay the specified EMD by demand draft/NEFT/RTGS and deliver the completed bid form with EMD remittance evidence in a sealed cover to the Authorised Officer at C/o My Branch Services Pvt Ltd, M-12 to 16, Commerce House, 7 Racecourse Road, R.S. Bhandari Marg, Indore 452001 by the registration and EMD cutoff.

The notice requires the cover to identify the loan/property as directed in the original; verify the correct payment beneficiary and delivery instructions there. The officer checks the bid and EMD and authorises qualified bidders.

The printed conditions do not give a complete KYC or applicant-type checklist; confirm the required documents before paying. Bids cannot be withdrawn, and the highest bidder must confirm the final bid by email to the officer and service provider.

The lender’s sale notice says it has taken physical possession. The lender’s sale notice sets inspection for 10 Dec 2026, 11:00 AM–4:00 PM IST. Ask Authum Investment & Infrastructure’s authorised officer before you pay the EMD.

Clause 14 requires 25% of the bid amount, including EMD, on the same day the sale is knocked down in the bidder’s favour, then the remaining 75% within 15 days from the date of sale.

Clause 17 instead describes payment of the full price after the stated 1% TDS deduction, adjusting EMD, within 15 working days of acceptance. These clocks conflict.

Obtain the Authorised Officer’s written payment schedule; do not assume the longer period applies. Any further time is at the officer’s written discretion.

Default can cancel the sale and forfeit all amounts paid, including EMD.

The notice puts municipal/panchayat taxes, electricity and other authority dues on the purchaser before the sale certificate, along with conveyance, stamp duty, registration and incidental costs. It also requires the stated TDS payment and certificate; confirm its applicability and the demand with the officer.

The sale certificate follows full payment and proof of taxes and charges.

The sale is as-is, without warranties or recourse. Inspect the title deeds, actual dimensions, encumbrances, dues and present occupation.

The notice’s property row records physical possession on 26 March 2026; this does not guarantee vacant possession, clear title or immediate handover. The officer may postpone or cancel the sale; the highest bid is not an unconditional allotment.

Clause 11 provides unlimited ten-minute extensions when a bid arrives within the final ten minutes. The platform instead says five-minute extensions. Confirm the operative timer with the officer; do not rely on an earlier scheduled finish.