Property for Auction in Badi, Raisen, Madhya Pradesh
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610632
Bank Name:Canara Bank
Branch Name:Regional Office Ujjain
Reserve Price:₹2,58,000
EMD:₹25,800
Bid Increment:₹10,000
Auction Time:12:00 PM to 2:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Discover a promising residential house located in the heart of Badi, Raisen, Madhya Pradesh. This property, part of a bank auction by Canara Bank, offers a great opportunity for homeowners or investors. Situated in a well-established area, it provides a comfortable living space with potential for future appreciation. Don't miss this chance to acquire a property in a developing region.
State:Madhya Pradesh
City:Raisen
Area:Badi
Asset Category:Residential
Full Address:survey no. 190/2/2/1/1/2, Ward no. 6, Hinglaj Road, Gram Badi, Tehsil Badi, Badi, Raisen
Size:450 sqft
Canara Bank presents a SARFAESI auction for a residential house in Badi, Raisen, Madhya Pradesh. The auction will commence on November 21, 2025, at 12:00 PM and conclude at 02:00 PM on the same day. The reserve price for this asset is ₹2,58,000, with an Earnest Money Deposit (EMD) of ₹25,800 required. This is a prime opportunity to bid on a property previously mortgaged by M/s Maa Hinglaj Auto. All interested parties are encouraged to participate.
Borrower Name:M/s Maa Hinglaj Auto
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property represents a calculated opportunity due to its affordable reserve price and potential for residential use in a developing area. The auction terms are standard, but the location's potential and property size suggest a moderate investment appeal. Further due diligence on local market conditions is advised.
Branch:Branch Office : Regional Office Ujjain
Service Provider:BAANKNET
Contact Details:
B Jeyaseelan
Contact no:9425302389