Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611878
Bank Name:Canara Bank
Branch Name:Regional Office Ujjain
Reserve Price:₹22,20,000
EMD:₹2,22,000
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 Ratitalai, Jhabua, Madhya Pradesh. The property is being auctioned by Canara Bank as part of a SARFAESI action. It is an excellent opportunity to acquire a property in a well-established area. The borrower associated with this asset is M/s Shree Foods And Events.
State:Madhya Pradesh
City:Jhabua
Area:Ratitalai
Asset Category:Residential
Full Address:31, House No. 31 (Old No.29), Ward no. 11 (Old No.10), Nazul Plot no. 18,82 & 69 at Nazul Sheet No.18. PH No.53, Ratitalai Mohalla, Jhabua
Size:195.04 sq mtr
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential house in Ratitalai, Jhabua, Madhya Pradesh. The auction will take place on November 21, 2025, starting at 12:00 PM and concluding at 02:00 PM. The reserve price for this property is INR 22,20,000, with an Earnest Money Deposit (EMD) of INR 2,22,000 required to participate. Interested bidders are advised to review all auction terms and conditions before bidding.
Borrower Name:M/s Shree Foods And Events
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Sandhaya Devi Vajpayee
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential house in Ratitalai, Jhabua, presents a calculated opportunity. The reserve price is relatively moderate, and the location is accessible. While not a prime investment, it offers potential for value appreciation and residential use.
Contact Details
Branch:Branch Office : Regional Office Ujjain
Service Provider:BAANKNET
Contact Details:
Mr. B Jeyaseelan
Contact no:917868073278
