Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613980
Bank Name:Bank of India
Branch Name:Zonal Office
Reserve Price:₹17,45,000
EMD:₹1,74,500
Bid Increment:₹10,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
A residential flat located on Kolar Road, Bhopal, Madhya Pradesh. This property is being auctioned by the Bank of India as part of a SARFAESI auction. The flat is in a good location within Bhopal. Ideal for individuals or families looking for a home in this developing area.
State:Madhya Pradesh
City:Bhopal
Area:kolar Road
Asset Category:Residential
Full Address:507, PARKE SERENE ORION-1, Navaakar Parke Serene, Flat No. 507 situated at Fifth floor of PARKE SERENE ORION-1, Navaakar Parke Serene, Near Siddhi Saffron, Kh. No. 27 & 44, Village-Sunkhe-di, Behind Danish Kunj, Kolar Road, Bhopal (M.P.), Kolar Road, Bhopal
Building/Society:PARKE SERENE ORION-1, Navaakar Parke Serene
Size:71.29 Sq. Mt.
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat located on Kolar Road, Bhopal, Madhya Pradesh. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this auction is INR 17,45,000.00, with an Earnest Money Deposit (EMD) of INR 1,74,500.00 required to participate. This is a prime opportunity to acquire property in Bhopal.
Borrower Name:Mr. Shiv Kumar Soni
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sangeeta Soni
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable investment opportunity given its location in Bhopal and the specified reserve price. However, potential investors should carefully assess the market conditions and property specifics before bidding. Symbolic possession indicates the need for additional due diligence.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:0755-2556770/2555169
