Flat for auction Kaushal Nagar Colony Bhopal 10 lakh Phoenix ARC Private Limited

Property for Auction in Huzur, Bhopal, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.5
Reserve Price
10,00,000
Reserve Price
10,00,000
EMD Required
1,00,000
Property Specifications
Society/BuildingPrakash Towerswajan Gnih Kaushal Nagar Colony
Unit No.102
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Huzur, Bhopal
Auction Date IconAuction Date:
08-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:609495

Bank Name:Phoenix ARC Private Limited

Branch Name:Regd. Office - Mumbai

Reserve Price:10,00,000

EMD:1,00,000

Auction Time:11:00 AM to 02:00 PM

Service Provider:Auctionbazaar

Important Dates

Submission Date:2025-12-07

Bid Start Date:2025-12-08

Property Description

A residential flat located in Huzur, Bhopal, Madhya Pradesh. This property is being auctioned by Phoenix ARC Private Limited under the SARFAESI Act. It presents a valuable opportunity for prospective buyers in a well-established area.

State:Madhya Pradesh

City:Bhopal

Area:Huzur

Asset Category:Residential

Full Address:102, Prakash Towerswajan Gnih Kaushal Nagar Colony, Flat No 102 Plot No 198 Prakash Towerswajan Grih Kaushal Nagar Colony Hosangabad Road Bhopal Phn 25/42 Rnm 03 462023 Huzur Bhopal Madhya Pradesh India, Kaushal Nagar Colony, Bhopal

Building/Society:Prakash Towerswajan Gnih Kaushal Nagar Colony

Auction Description

Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential flat in Huzur, Bhopal, Madhya Pradesh. The auction will commence on December 8, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price is set at 1,000,000.0, with an Earnest Money Deposit (EMD) of 100,000.0 required to participate.

Borrower Name:Sanjay Kumar Raikwar

Auction Type:SARFAESI Auction

Guarantor Names:Pankaj Pankaj Singh

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential flat in Bhopal offered at a reasonable reserve price. While the location appears decent, further due diligence is recommended to assess local market conditions and property condition. The auction terms are standard, presenting a calculated risk with potential upside.

Contact Details

Branch:Branch Office : Regd. Office - Mumbai

Service Provider:Auctionbazaar

Contact Details:

Contact no: —

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