Flat for auction Mirjapur Indore 15 lakh Axis Bank

Property for Auction in Mirjapur, Indore, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
1113 Sq. Ft.
Reserve Price
15,33,000
Reserve Price
15,33,000
EMD Required
1,53,300
Property Specifications
Society/BuildingSarthak Vihar
Size1113 Sq. Ft.
Unit No.302
FloorThird Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Mirjapur, Indore
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:614469

Bank Name:Axis Bank

Branch Name:Retail Lending and Payment Group

Reserve Price:15,33,000

EMD:1,53,300

Bid Increment:10,000

Auction Time:11 AM TO 12 PM

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-25

Property Description

A residential flat located in the Mirjapur area of Indore, Madhya Pradesh. This property is being auctioned by Axis Bank under the SARFAESI Act. Ideal for individuals or families looking for a home in a well-established locality. The property offers a comfortable living space and is situated in a prime urban setting within Indore. Do not miss this opportunity to acquire a valuable asset.

State:Madhya Pradesh

City:Indore

Area:Mirjapur

Asset Category:Residential

Full Address:302, Sarthak Vihar, Flat No. 302, Third Floor, Block No. 06 Sarthak Vihar, Village Mirjapur, Mirjapur, Indore

Building/Society:Sarthak Vihar

Size:1113 Sq. Ft.

Auction Description

Axis Bank presents a SARFAESI auction for a residential flat in Mirjapur, Indore, Madhya Pradesh. The auction will take place on 25-11-2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price is set at ₹15,33,000, with an Earnest Money Deposit (EMD) of ₹1,53,300 required to participate. This is a prime opportunity to purchase a property directly from the bank at a competitive price. All interested bidders are encouraged to review the auction terms and conditions.

Borrower Name:Ms. Arti Palwar

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property in Mirjapur, Indore, presents a reasonable investment opportunity due to its residential nature and defined size. Priced at ₹1533000.0 with a specified EMD and auction date, potential investors should conduct thorough due diligence to assess market value and potential returns. Given the auction terms and location, it's a calculated opportunity with moderate risk.

Contact Details

Branch:Branch Office : Retail Lending and Payment Group

Service Provider:bankeauctions.com / C1 India

Contact Details:

Sapnesh Toshniwal

Contact no:919329430853

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