Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612834
Bank Name:Union Bank of India
Branch Name:Gwalior
Reserve Price:₹12,33,000
EMD:₹1,23,300
Auction Time:12:00 Noon to 05.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
This auction features a residential house in Bina, Sagar, Madhya Pradesh, owned by Mr. Dharmendra Dixit. The property is being auctioned by Union Bank of India under the SARFAESI Act. It is a house with a reserve price of ₹12,33,000 and an EMD of ₹1,23,300.
State:Madhya Pradesh
City:Sagar
Area:Bina
Asset Category:Residential
Full Address:Khasra No. 30/2/1, Ph No. 65, Mauza - Mandi Bamora, Bina, Tehsil - Bina, Distt - Sagar (M.P.), Mandi Bamora, Bina
Size:1300 sq.ft.
Auction Description
Union Bank of India is conducting an online SARFAESI auction for a residential house located in Bina, Sagar, Madhya Pradesh. The auction will commence on November 28, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹12,33,000, with an Earnest Money Deposit (EMD) of ₹1,23,300 required to participate.
Borrower Name:Mr. Dharmendra Dixit
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sachin Kurmi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable investment opportunity due to its affordable reserve price and location in Bina. While not a prime investment, its residential nature and manageable size make it a calculated opportunity. Further due diligence on the location and encumbrances is recommended.
Contact Details
Branch:Branch Office : Gwalior
Service Provider:BAANKNET
Contact Details:
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