Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614206
Bank Name:ICICI Home Finance
Branch Name:Corporate Office : Mumbai
Reserve Price:₹28,95,000
EMD:₹2,89,500
Auction Time:02:00 PM to 03:00 PM
Service Provider:BidDeal.in
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
This is a residential house located in the Bangarda area of Indore, Madhya Pradesh. The property is being auctioned by ICICI Home Finance under the SARFAESI Act. It represents an opportunity to acquire a house in a developing locality of Indore.
State:Madhya Pradesh
City:Indore
Area:Bangarda
Asset Category:Residential
Full Address:85, Gangadham Colony, Plot No. 85, Gangadham Colony, Chhota Bangarda, Tehsil and District Indore Madhya Pradesh-452001, Bangarda, Indore
Building/Society:Gangadham Colony
Auction Description
ICICI Home Finance is conducting a SARFAESI auction for a residential house in Bangarda, Indore, Madhya Pradesh. The auction will take place on December 9, 2025, from 2:00 PM to 3:00 PM. The reserve price for this auction is ₹28,95,000, with an Earnest Money Deposit (EMD) of ₹2,89,500 required to participate. This is a prime opportunity for prospective buyers to bid on a property in Indore.
Borrower Name:Manoj Sharma
Auction Type:SARFAESI Auction
Guarantor Names:Vidhya Sharma
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Bangarda, Indore, offered at a reserve price of ₹2895000.0. While the location is decent, the 'Symbolic' possession status and standard auction terms require careful evaluation, making it a 'Calculated Opportunity' for potential buyers willing to do their due diligence.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Authorized Officer
Contact no:9920807300
