Property for Auction in Bhattu Kalan, Fatehabad, Haryana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611000
Bank Name:Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹5,53,50,000
EMD:₹55,35,000
Bid Increment:₹1,00,000
Auction Time:11:00 A.M. to 5:00 P.M.
Service Provider:BAANKNET
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Prime industrial property located in Bhattu Kalan, Fatehabad, Haryana. This auction features a factory land and building, formerly belonging to M/s Chater Bhuj Cotton & Flour Mill. The asset category is industrial, offering significant potential for manufacturing or warehousing operations. Situated in a key area of Haryana, this property presents a unique opportunity for investors and businesses looking to establish or expand their presence in the region. The land and building are being auctioned by the Bank of India.
State:Haryana
City:Fatehabad
Area:Bhattu Kalan
Asset Category:Industrials
Full Address:Fatehabad Road Bhattu, Bhattu Kalan, Fatehabad
The Bank of India is conducting a SARFAESI auction for a valuable industrial property in Bhattu Kalan, Fatehabad, Haryana. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this factory land and building is ₹5,53,50,000, with an Earnest Money Deposit (EMD) of ₹55,35,000 required to participate. This is a prime opportunity to acquire a substantial industrial asset in a developing region.
Borrower Name:M/s Chater Bhuj Cotton & Flour Mill
Auction Type:SARFAESI Auction
Guarantor Names:Shri Laxman Dass, Shri Prakash Chand S/o Sh. Chaterbhuj, Smt. Krishna Devi W/o Chaterbhuj, Chaterbhuj Prakash Chander, M/s Bansal Udyog
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property, an industrial land and building in Bhattu Kalan, offers a good opportunity for the right investor, but requires careful assessment due to its location and auction terms. The reserve price seems fair, but further due diligence is needed to ascertain its market value and future prospects.
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Mr. Rakesh Kumar
Contact no:9987048267