Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609252
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹1,00,000
EMD:₹10,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2023-11-23
Bid Start Date:2023-12-13
Property Description
This is a residential flat located in Bhopal, Madhya Pradesh. The property is being auctioned by Phoenix ARC Private Limited under the SARFAESI Act. The property is associated with borrower Santosh Pandu Kumar.
State:Madhya Pradesh
City:Bhopal
Area:Bhopal
Asset Category:Residential
Full Address:F-07, Sai Homes, Flat No-F-07 Sai Homesthird Floor Madhuvanvihar Colony Pradeshindia 1Bhopalbhopalmadhya Bhopal46200, Madhuvanvihar Colony, Bhopal
Building/Society:Sai Homes
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential flat in Bhopal, Madhya Pradesh. The auction is scheduled to start on November 24, 2025, at 11:00 AM and will conclude at 02:00 PM on the same day. The reserve price for this auction is INR 100,000.0, with an Earnest Money Deposit (EMD) of INR 10,000.0 required to participate.
Borrower Name:Santosh Pandu Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Sheetal Santosh Kumar
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This property offers a calculated opportunity due to its relatively low reserve price for a residential flat in Bhopal. However, limited details and the 'Not Known to Bank' encumbrance status warrant careful due diligence before bidding. The location in Madhuvanvihar Colony adds some value.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
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