Property for Auction in Khargone, Indore, Madhya Pradesh
Auction ID:558463
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch , Indore
Reserve Price:₹78,00,000
EMD:₹7,80,000
Service Provider:BAANKNET
Submission Date:29-08-2025 11:00 AM
Bid Start Date:29-08-2025 12:00 PM
A well-located residential house situated in Khargone, Indore, Madhya Pradesh. This property, formerly associated with M/s Jaiswal Trading Company, offers a promising investment or residential opportunity. The house is part of a bank auction conducted by the Union Bank of India under the SARFAESI Act. Its location in Indore provides access to urban amenities and infrastructure. Ideal for those seeking to purchase property through a secure banking channel. The asset category is residential, making it suitable for personal use or rental income.
State:Madhya Pradesh
City:Indore
Area:Khargone
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential house in Khargone, Indore, Madhya Pradesh. This is a significant opportunity to acquire a property in a prime location. The reserve price is set at ₹78,00,000, with an Earnest Money Deposit (EMD) of ₹7,80,000 required. The auction will be conducted online on August 29, 2025, starting at 12:00 PM and concluding at 5:00 PM. This is a direct sale from the bank, offering a transparent and efficient acquisition process. Don't miss this chance to invest in Indore's property market.
Borrower Name:M/s Jaiswal Trading Company
Auction Type:SARFAESI Auction
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