Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612833
Bank Name:Union Bank of India
Branch Name:Gwalior
Reserve Price:₹13,27,000
EMD:₹1,32,700
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 is a residential house located in Bina, Sagar, Madhya Pradesh. The property is being auctioned by Union Bank of India under SARFAESI Act. It represents an opportunity to acquire a house in a well-established area.
State:Madhya Pradesh
City:Sagar
Area:Bina
Asset Category:Residential
Full Address:Khasra No. 2/2, Ph No. 65, Mauza Mandi Bamora, Bina, Tehsil - Bina, Distt - Sagar (M.P.), Mandi Bamora, Bina
Size:1200 sq.ft.
Auction Description
Union Bank of India is conducting an online SARFAESI auction for a residential house 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 is set at ₹13,27,000 with an Earnest Money Deposit (EMD) of ₹1,32,700. This is a valuable opportunity for prospective buyers to participate in the auction.
Borrower Name:Mr. Chain Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sachindra Kurmi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a developing location. The reserve price seems reasonable, and the symbolic possession status indicates a relatively straightforward acquisition. However, potential investors should conduct thorough due diligence to assess the long-term investment potential and market conditions in Bina.
Contact Details
Branch:Branch Office : Gwalior
Service Provider:BAANKNET
Contact Details:
Contact no: —
