Property for Auction in Ram Rahim Colony, Indore, Madhya Pradesh
Auction ID:573548
Bank Name:Bank of India
Branch Name:ZONAL OFFICE Star House, INDORE
Reserve Price:₹10,67,000
EMD:₹1,07,000
Service Provider:BAANKNET
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 11:00 AM
This is a residential flat located in Ram Rahim Colony, Indore, Madhya Pradesh. The property is being auctioned by the Bank of India due to loan default by the borrower, Mr. Mahendra Soni. This SARFAESI auction presents an opportunity to acquire a flat in a well-known area of Indore.
State:Madhya Pradesh
City:Indore
Area:Ram Rahim Colony
Asset Category:Residential
Bank of India is conducting a SARFAESI auction for a residential flat in Ram Rahim Colony, Indore, Madhya Pradesh. The auction will commence on September 26, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this auction is INR 10,67,000, with an Earnest Money Deposit (EMD) of INR 1,07,000 required to participate. This is a prime opportunity for interested buyers to bid on this asset.
Borrower Name:Mr. Mahendra Soni
Auction Type:SARFAESI Auction
Contact : Ph.: 2445122-117-147