Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609736
Bank Name:SBFC Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹15,50,000
EMD:₹1,55,000
Auction Time:12:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-08
Property Description
This is a residential house located in Shajapur, Ujjain, Madhya Pradesh. It is being auctioned by SBFC Finance Ltd due to the borrower, STUDENT POINT, defaulting on their loan. The property is available under SARFAESI auction terms.
State:Madhya Pradesh
City:Ujjain
Area:Shajapur
Asset Category:Residential
Full Address:28, Nagar Palika Parishad Shajapur, House/Plb No. 28 Nagar Palika Parishad Shajapur Ke antargat Ward No. 15 Kumharwada Mchala Mukhya marg se andar Shajapur Tehsil Shajapur District Shajapur, Kumharwada Mchala, Shajapur
Building/Society:Nagar Palika Parishad Shajapur
Size:1000 sq.ft.
Auction Description
SBFC Finance Ltd is conducting a SARFAESI auction for a residential house in Shajapur, Ujjain, Madhya Pradesh. The auction will take place on December 8, 2025, starting at 12:30 PM and concluding at 01:30 PM. The reserve price for this property is ₹15,50,000, with an Earnest Money Deposit (EMD) of ₹1,55,000 required to participate.
Borrower Name:STUDENT POINT
Auction Type:SARFAESI Auction
Guarantor Names:SHIV NARAYAN PRAJAPAT, RAVI PRAJAPAT, KANTA BAI PRAJAPAT
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is located in Shajapur, a developing area in Madhya Pradesh. The reserve price is relatively reasonable, and the property type is a house. Given the location and price, it represents a calculated investment opportunity with potential for future appreciation.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:Public Auction
Contact Details:
Alok Kumar Sharma
Contact no:+919826597104
