Property for Auction in Pithampur, Dhar, Madhya Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610363
Bank Name:IndusInd Bank
Branch Name:Corporate Office : Chennai
Reserve Price:₹25,41,294
EMD:₹2,54,129
Bid Increment:₹10,000
Auction Time:11 AM to 2:00 PM
Service Provider:bankeauctions.com / C1 India
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Discover a fantastic investment opportunity with this residential house located in Pithampur, Dhar, Madhya Pradesh. This property, formerly owned by Mr. Mohd. Hussain Khilji, is being auctioned by IndusInd Bank under the SARFAESI Act. Situated in a developing area, this house offers potential for comfortable living or rental income. Don't miss the chance to acquire a property in a growing region.
State:Madhya Pradesh
City:Dhar
Area:Pithampur
Asset Category:Residential
Full Address:BM-138, MIG Housing Board colony, House No. BM-138, MIG Housing Board colony, Ward no.4, Sector 1, Pithampur Tehsil and District Dhar Madhya Pradesh 454774, Pithampur, Dhar
Building/Society:MIG Housing Board colony
Size:840 Sq Ft
IndusInd Bank presents a SARFAESI auction for a residential house in Pithampur, Dhar, Madhya Pradesh. The bidding starts with a reserve price of INR 25,41,294.00, with an Earnest Money Deposit (EMD) of INR 2,54,129.00 required to participate. The auction will be conducted online on November 18, 2025, commencing at 11:00 AM and concluding at 02:00 PM. This is a prime opportunity to own a property through a transparent bidding process.
Borrower Name:Mr. Mohd. Hussain Khilji
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Aamrin Khilji, Babu Khan Khilji
Possession Status:Physical
Encumbrance Details:Not Known to Bank
This property in Pithampur presents a calculated opportunity, given its residential type and manageable size. The reserve price is relatively affordable, and the location in the MIG Housing Board colony adds some stability. Investors should carefully assess the area's market trends before bidding.
Branch:Branch Office : Corporate Office : Chennai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Rajeev Chowksey
Contact no:8839904792