Flat for auction 106 UshaNagar, Indore by BOI

Property for Auction in UshaNagar, Indore, Madhya Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
UshaNagar, Indore
Auction Date IconAuction Date:
08-08-2025 11:00 AM

Auction Details

Auction ID:543927

Bank Name:Bank of India

Branch Name:ZONAL OFFICE Star House, INDORE

Reserve Price:33,00,000

EMD:3,30,000

Service Provider:BAANKNET

Important Dates

Submission Date:07-08-2025 05:00 PM

Bid Start Date:08-08-2025 11:00 AM

Property Description

This residential flat is located in the well-established area of UshaNagar, Indore, Madhya Pradesh. The property is being auctioned by the Bank of India. It offers a convenient living space in a sought-after locality. UshaNagar is known for its accessibility and amenities. This is a resale property acquired through SARFAESI proceedings. The property is ideal for individuals or families looking to invest in a home in Indore.

State:Madhya Pradesh

City:Indore

Area:UshaNagar

Asset Category:Residential

Auction Description

Bank of India presents a SARFAESI auction for a residential flat in UshaNagar, Indore, Madhya Pradesh. The auction will be held on August 8, 2025, from 11:00 AM to 5:00 PM. The reserve price for this property is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. This is an excellent opportunity to acquire property in a desirable location. The auction is being conducted due to the default by the borrower, M/s Shri Salasar Trading.

Borrower Name:M/s Shri Salasar Trading

Auction Type:SARFAESI Auction

Contact Details

Ph.: 2445122-117-147

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