Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612831
Bank Name:Union Bank of India
Branch Name:Gwalior
Reserve Price:₹18,70,000
EMD:₹1,87,200
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
A residential house located in Bina, Sagar, Madhya Pradesh. This property is being auctioned by Union Bank of India. It is a SARFAESI auction. The house offers a great opportunity for homeowners or investors in the Sagar region.
State:Madhya Pradesh
City:Sagar
Area:Bina
Asset Category:Residential
Full Address:Khasra No. 5/3, Ph No. 65, Mauza Mandi Bamora, Bina, Tehsil - Bina, Distt - Sagar (M.P.), Mandi Bamora, Bina
Size:1275 sq.ft.
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential house in Bina, Sagar, Madhya Pradesh. The auction is scheduled for November 28, 2025, from 12:00 PM to 5:00 PM. The reserve price for this property is ₹18,70,000, with an Earnest Money Deposit (EMD) of ₹1,87,200. This is a prime opportunity to acquire property through a bank auction.
Borrower Name:Mr. Arun Kaushik
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Badriprasad Prajapati, Mr. Sachindra Kurmi, Mr. Jagdish Sundrani
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a developing area, offered at a reasonable reserve price. The symbolic possession status and lack of inspection date add some risk. However, the relatively low EMD makes it a calculated opportunity for local investors.
Contact Details
Branch:Branch Office : Gwalior
Service Provider:BAANKNET
Contact Details:
Contact no:0751-2233273
