Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611447
Bank Name:Debts Recovery Tribunal
Branch Name:Jabalpur
Reserve Price:₹58,20,000
EMD:₹5,82,000
Bid Increment:₹60,000
Auction Time:12:00 hours to 13:00 hours
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-15
Bid Start Date:2025-12-17
Property Description
This auction presents a unique opportunity to acquire agricultural land in Khandwa, Madhya Pradesh. Located in the city of Khandwa, this property is ideal for agricultural pursuits. The borrower is SHRI GULAB CHAND. The Debts Recovery Tribunal is facilitating this sale, offering a chance to invest in productive land within a growing region. Don't miss this chance to own a piece of Khandwa's agricultural landscape.
State:Madhya Pradesh
City:Khandwa
Area:Khandwa
Asset Category:Residential
Full Address:Village- Gandhava, Tehsil- Khandwa, District- Khandwa (M.P.), Gandhava, Khandwa
Size:6.46 hectare
Auction Description
The Debts Recovery Tribunal is conducting an online auction for agricultural land in Khandwa, Madhya Pradesh. The auction will commence on December 17, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹5,820,000, with an Earnest Money Deposit (EMD) of ₹582,000 required to participate. This DRT auction offers a transparent and competitive bidding process for prospective buyers interested in acquiring agricultural land.
Borrower Name:SHRI GULAB CHAND
Auction Type:DRT Auction
Legal Details
Possession Status:As is Where is and No Complaint basis
Encumbrance Details:Not Known to Bank
Why This Property
The property is agricultural land in Khandwa, MP, offered at a reasonable reserve price. While the location is rural, the size of the land provides potential for agricultural activities. The auction terms seem standard, making it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : Jabalpur
Service Provider:bankeauctions.com / C1 India
Contact Details:
Ritesh Virendra Harnagle
Contact no:9753280888
