Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:608540
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹9,41,000
EMD:₹94,100
Bid Increment:₹10,000
Auction Time:01:00 PM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-29
Bid Start Date:2025-11-30
Property Description
A residential house located in Bina, Sagar, Madhya Pradesh. This property is being auctioned by Canara Bank as part of a SARFAESI action. The borrower is Ashok Kumar. The asset category is residential, and the property type is a house.
State:Madhya Pradesh
City:Sagar
Area:Bina
Asset Category:Residential
Full Address:Plot No. 93, R/o House No. 476. Ganesh Khalipha Marg, Ballabh Nagar Ward Sagar Sagar, Sagar City, Madhya Pradesh-470002, Gandhi Ward, Bina
Auction Description
This is a SARFAESI auction conducted by Canara Bank for a residential house in Bina, Sagar, Madhya Pradesh. The auction is scheduled to start on November 30, 2025, at 01:00 PM and will conclude on the same day at 02:00 PM. The reserve price for this auction is ₹941,000.0, with an Earnest Money Deposit (EMD) of ₹94,100.0 required to participate.
Borrower Name:Ashok Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Beveerane
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Bina, Sagar presents a calculated opportunity due to its residential nature and affordable reserve price. While not a prime investment, its location and auction terms make it a worthwhile consideration for local buyers. Further investigation into local market trends and property condition is advised.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9981898987
