Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613983
Bank Name:Bank of India
Branch Name:Zonal Office
Reserve Price:₹8,88,000
EMD:₹89,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Raisen, Bhopal, Madhya Pradesh. The property is being auctioned by the Bank of India under SARFAESI regulations. It represents a valuable opportunity for prospective buyers in the Bhopal region.
State:Madhya Pradesh
City:Bhopal
Area:Raisen
Asset Category:Residential
Full Address:F-04, Nirmal Maya Apartment A-2, Flat No F-04 Situated at First Floor of Nirmal Maya Apartment A-2 Plot No 147, Mahaveer Nagar, Phase 1.Mandideep, Distt. Raisen, Mandideep, Bhopal
Building/Society:Nirmal Maya Apartment A-2
Size:67.27 Sq. Mt.
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Raisen, Bhopal. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price is set at 888,000.0 with an Earnest Money Deposit (EMD) of 89,000.0. This auction is an excellent chance to acquire property in a developing area.
Borrower Name:Mr. Dheeraj Jha
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Preeti Jha, Mr. Ramesh Chandra Jha, Mr. Laxminarayan Jha
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a reasonably priced flat in Mandideep, a developing area of Bhopal. While the reserve price is attractive, the symbolic possession and location require careful consideration. It represents a calculated opportunity for buyers familiar with the area and willing to assess potential risks.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:0755-2556770/2555169
