Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612160
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE : Jabalpur
Reserve Price:₹10,80,000
EMD:₹1,08,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential house located in Mouza Rasuliya, Hoshangabad, Madhya Pradesh. The property is being auctioned by Indian Bank under the SARFAESI Act. It presents a valuable opportunity for homeownership or investment in a developing area. Further details regarding the exact location, dimensions, and condition of the house can be obtained from the official auction notice.
State:Madhya Pradesh
City:Hoshangabad
Area:Mouza Rasuliya
Asset Category:Residential
Full Address:3, Plot No. 137, Diverted Khasra No. 60/1, Ward No. 24 New No. 22, PC No. 17, Ashutosh Nagar, Rasuliya, Hoshangabad
Size:360 sq ft
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential house in Mouza Rasuliya, Hoshangabad, Madhya Pradesh. The auction will take place on November 19, 2025, from 11:00 AM to 04:00 PM. The reserve price for this property is INR 10,80,000, with an Earnest Money Deposit (EMD) of INR 1,08,000. This is a public auction, and interested bidders are encouraged to review all terms and conditions provided by the bank before participating. The auction is for the asset formerly belonging to Mr. Sunil Sarathe.
Borrower Name:Mr. Sunil Sarathe
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sarita Sarathe
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
The property is a residential house in a developing locality. The price appears reasonable, making it a calculated opportunity for buyers looking for affordable housing. Further due diligence is recommended to assess the property's market value and potential for appreciation.
Contact Details
Branch:Branch Office : ZONAL OFFICE : Jabalpur
Service Provider:BAANKNET
Contact Details:
Anjana Minj
Contact no:9146370206
