Flat for auction 306 o Roshan Kha Area, Rangwasa, Indore by Canara

Located in Rangwasa Tehsil, Indore, Madhya Pradesh, this residential flat offers a built-up area of approximately 905 square feet. Situated on the 3rd floor of Block-D in the Satyamitra Rajlaxmi Nature Apartment, the property is identified by Flat No. 306. Its strategic location within Indore, a rapidly developing city, provides potential for appreciation and convenient access to local amenities. The property's boundaries are clearly defined, with Flat No. 305 to the North, an open space to the East, Flat No. 307 to the South, and a corridor along with Flat No. 311 to the West, offering a clear understanding of its spatial context. This property represents a potential homeownership or investment opportunity in a growing urban landscape. As an asset categorized as residential, it caters to individuals or families seeking a dwelling in this region of Madhya Pradesh.

This SARFAESI auction presents a compelling opportunity to acquire a residential flat in Indore, Madhya Pradesh, facilitated by Canara Bank. The auction is scheduled to commence on July 31, 2025, with bidding open between 12:00 PM and 2:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, 5:00 PM. A key requirement for participation is the Earnest Money Deposit (EMD) of INR 195,500.00, which is 10% of the reserve price of INR 1,955,000.00. This process, managed by BAANKNET, offers a transparent method for acquiring property directly from the bank. Interested parties are encouraged to review all associated documentation and understand the terms and conditions thoroughly before placing their bids. For any queries regarding the auction process or property specifics, multiple contact numbers are provided for assistance.