House for auction Bairasia Bhopal 47 lakh Bank of India

Property for Auction in Bairasia, Bhopal, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
1950 sq ft
Reserve Price
46,96,000
Reserve Price
46,96,000
EMD Required
4,69,600
Property Specifications
Size1950 sq ft
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Bairasia, Bhopal
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613996

Bank Name:Bank of India

Branch Name:Zonal Office

Reserve Price:46,96,000

EMD:4,69,600

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 house located in Bairasia, Bhopal, Madhya Pradesh. The property is being auctioned by the Bank of India under SARFAESI laws. It presents an opportunity for buyers seeking residential property in the Bhopal region. The borrower is Mr. Gopilal Kushwah.

State:Madhya Pradesh

City:Bhopal

Area:Bairasia

Asset Category:Residential

Full Address:Khasra No. 368/1, Near Court Road, Main Ibrahimpura, Berasia, Distt. Bhopal, MP, Bairasia, Bhopal

Size:1950 sq ft

Auction Description

Bank of India is conducting an e-auction for a residential house in Bairasia, Bhopal, Madhya Pradesh. The auction will take place on 25-11-2025, starting at 11:00 AM and ending at 05:00 PM. The reserve price for this SARFAESI auction is ₹46,96,000, with an Earnest Money Deposit (EMD) of ₹4,69,600 required to participate.

Borrower Name:Mr. Gopilal Kushwah

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Sundarlal Kushwah

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property, a house in Bairasia, Bhopal, offers a decent opportunity given its size and location. The reserve price of ₹4696000.0 and the availability of symbolic possession make it a potentially worthwhile investment, but further due diligence is advised to assess the local market and property condition.

Contact Details

Branch:Branch Office : Zonal Office

Service Provider:BAANKNET

Contact Details:

Contact no:0755-2556770/2555169

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