Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611879
Bank Name:Canara Bank
Branch Name:Regional Office Ujjain
Reserve Price:₹4,25,000
EMD:₹42,500
Bid Increment:₹10,000
Auction Time:12:00 PM to 2:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a residential house located in NAGDA, Ujjain, Madhya Pradesh. It is being auctioned by Canara Bank as part of a SARFAESI action. The property offers a great opportunity for homeownership or investment in a developing area.
State:Madhya Pradesh
City:Ujjain
Area:NAGDA
Asset Category:Residential
Full Address:Plot No.152, House On Plot No.152 Situated On Survey No. 1473, "Pandlaya Kalan", Situated Dr.shyam Prasad Mukher-jee Ward No. 24, Near Anjani Nagar, Nagda, District Ujjain, Madhya Pradesh -456335, Pandlaya Kalan, Anjani Nagar, Nagda
Size:41.82 Sq. Mt
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential house in NAGDA, Ujjain. The auction will take place on November 21, 2025, from 12:00 PM to 2:00 PM. The reserve price is INR 425,000, with an Earnest Money Deposit (EMD) of INR 42,500. This is a prime opportunity to acquire property through a transparent bidding process.
Borrower Name:Mr. Rajesh Lodhi
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Mohni Bai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This house in Nagda, Ujjain, presents a calculated opportunity due to its reasonable reserve price and manageable EMD. While not a prime location, the property offers potential for investors or individuals seeking affordable housing. The auction terms are standard, making it a worthwhile consideration for those familiar with the local market.
Contact Details
Branch:Branch Office : Regional Office Ujjain
Service Provider:BAANKNET
Contact Details:
Mr. B Jeyaseelan
Contact no:9425302389
