Flat for auction A Manorama Ganj Lane, Manoramaganj, Indore by ICICI

This presents an exceptional opportunity for new property buyers to acquire a spacious residential flat located in the highly sought-after Manoramaganj area of Indore, Madhya Pradesh. Specifically, Flat No. 103-A, situated on the 1st floor of the Saidarshan building at Plot No. 23/2, Ward No. 48 (Geeta Bhavan), offers a substantial super built-up area of 223.04 square meters (approximately 2400 sqft). This generous living space is ideal for families seeking comfort and ample room. Manoramaganj is renowned for its strategic location, offering excellent connectivity to key city amenities, educational institutions, healthcare facilities, and commercial hubs. Investing in this property not only secures a valuable asset in a prime locality but also provides significant potential for capital appreciation, given Indore's consistent urban development and demand for quality residential units. This is a chance to secure a well-located, sizeable home at a potentially attractive valuation through a bank auction.

Prospective buyers keen on participating in this acquisition should note that this is a SARFAESI Auction, conducted by ICICI Bank, a reputable financial institution. The property, identified as Auction Id 532955, has a Reserve Price of INR 4,700,000.00, with an Earnest Money Deposit (EMD) of INR 470,000.00 required to participate. This EMD is typically refundable if you are not the successful bidder. Key dates to mark include the Auction Start Date on July 23, 2025, at 11:30 AM, concluding sharply at 12:30 PM on the same day. The deadline for application submission is July 22, 2025, by 04:00 PM. All interested parties are strongly advised to conduct thorough due diligence, including physical inspection of the property and verification of all documents, prior to the application deadline. For further details and assistance with the bidding process, you may contact the provided number: 9425815565, or refer to the service provider, disposalhub.com. Adhering to these timelines and procedures is crucial for a successful participation in the bank auction.