Flat for auction 401 Residential EMT Flat, Huzur, Bhopal by Canara

This is an excellent opportunity for prospective homeowners or investors to acquire a residential property in Huzur, Bhopal, through a bank auction. The offering is a well-located EMT Flat, specifically Unit No. 401, of MIG type, situated on the 4th floor within the desirable Vaishnav Classic complex. This property, falling under Survey No. 1/1/2Ka and 1/1/2 Kha in Ward No. 56, Tehsil Huzur, Dist. Bhopal, presents a compelling residential asset. Its strategic location in Bhopal, a prominent city in Madhya Pradesh, offers access to developing infrastructure and community amenities. The flat's boundaries are clearly defined, with open space to the East and North, Flat No. 410 to the West, and Flat No. 402 to the South, ensuring clarity on its precise layout and surroundings. This asset provides a stable foundation for a new family home or a promising addition to an investment portfolio, leveraging the benefits of bank-acquired property.

For new property buyers considering bank auctions, this Canara Bank offering presents a straightforward and transparent acquisition path via a SARFAESI Auction. The residential flat in Huzur, Bhopal, has a competitive Reserve Price of INR 1,550,000.00, with a required Earnest Money Deposit (EMD) of INR 155,000.00, which is standard procedure and refundable to non-successful bidders. The e-auction is scheduled to commence on July 23, 2025, at 12:00 PM and will conclude promptly at 01:00 PM on the same day. Prospective bidders must ensure their application submission is completed by 11:30 AM on the auction date. All interested parties are strongly advised to conduct thorough due diligence on the property and review the complete auction terms and conditions. For any inquiries or assistance, you may contact the Regional Office, Bhopal, through the provided number: +919005199549, facilitated by the service provider BAANKNET.