House for auction 173 Prince Vihar, Huzur, Bhopal by Canara

The property in question is an incomplete residential house situated on Plot No. 8-173 in Prince Vihar, Village Rasalkhedi, along Berasia Road in the Tehsil Huzur, Bhopal. This location benefits from being in a developing region of Madhya Pradesh's capital city. The boundaries are clearly defined: to the East lies Plot No. B-243, while the West and North face Colony Roads, and the South is bordered by Plot No. B-174. As a residential asset, it holds significant potential for renovation and completion, allowing a new owner to infuse their personal style and needs into the structure. Its status as an incomplete house presents an opportunity to purchase at a potentially attractive price point, especially for those with a vision for development and a willingness to undertake construction. The property is ideally suited for individuals or families seeking to build their dream home or for investors looking for a project with good future prospects in Bhopal's real estate market.

This SARFAESI auction presents a unique opportunity to acquire an incomplete residential house located in the Huzur area of Bhopal, Madhya Pradesh. The property, situated on Plot No. 8-173 within Prince Vihar, Village Rasalkhedi, Berasia Road, offers a chance for discerning buyers to potentially develop or complete a home according to their own specifications. The reserve price is set at ₹540,000, with an Earnest Money Deposit (EMD) of ₹54,000 required to participate. The auction is being conducted by Canara Bank through BAANKNET, with the bidding scheduled to commence on July 23, 2025, from 12:00 PM to 01:00 PM. Prospective bidders must ensure their applications are submitted by 11:30 AM on the same day. This is an ideal scenario for investors or individuals looking to enter the property market with a project that allows for customization and potential value addition in a developing locality. For inquiries, contact 9670499021.