Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610361
Bank Name:IndusInd Bank
Branch Name:Corporate Office : Chennai
Reserve Price:₹37,37,145
EMD:₹3,73,715
Bid Increment:₹10,000
Auction Time:11 AM to 2:00 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This is a residential flat located in the well-developed area of Gopal Bagh, Indore, Madhya Pradesh. The property is being auctioned by IndusInd Bank under SARFAESI proceedings. It presents a valuable opportunity for individuals looking to invest in a property in a prime urban location. The flat is categorized as a residential asset, suitable for personal use or as an investment.
State:Madhya Pradesh
City:Indore
Area:Gopal Bagh
Asset Category:Residential
Full Address:G-02, Shankar Kunj, Plot No. 54, Shankar Kunj, Gopal Bag Colony, Indore 452001 (M.P.), Gopal Bagh, Indore
Building/Society:Shankar Kunj
Size:1152 Sq. Ft.
Auction Description
IndusInd Bank is conducting a SARFAESI auction for a residential flat in Gopal Bagh, Indore. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price for this property is INR 37,37,145, with an Earnest Money Deposit (EMD) of INR 3,73,715 required to participate. This is a prime opportunity to acquire a property in Madhya Pradesh through a transparent auction process.
Borrower Name:Mr. Jaspreet Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. S Pramdeep Kour, Mrs. Sharanjeet Kour
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This property is a decent opportunity due to its residential nature and location in Indore. The price seems reasonable; however, further due diligence is recommended. A buyer should carefully review the property details and auction terms before bidding.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Rajeev Chowksey
Contact no:8839904792
