Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610362
Bank Name:IndusInd Bank
Branch Name:Corporate Office : Chennai
Reserve Price:₹6,37,675
EMD:₹63,768
Bid Increment:₹10,000
Auction Time:11 AM to 2:00 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
A residential house located in Sagar, Madhya Pradesh, is being auctioned by IndusInd Bank. This property, belonging to Mr. Madhav Gautam, presents a valuable opportunity in the Sagar area. The auction is conducted under SARFAESI regulations. Ideal for individuals or families seeking a home in a well-established locality.
State:Madhya Pradesh
City:Sagar
Area:Sagar
Asset Category:Residential
Full Address:49, Part of Plot 11, House No 49, (OLD House No. 71) Part Of Khasra No. 406/3 Tehsil And District Sagar (MP)-460001, Sagar, Sagar
Size:1000 Sq Ft
Auction Description
IndusInd Bank presents a SARFAESI auction for a residential house in Sagar, Madhya Pradesh. The bidding will commence with a reserve price of 637,675.0, and an Earnest Money Deposit (EMD) of 63,768.0 is required. The auction will be held on November 18, 2025, starting at 11:00 AM and concluding at 02:00 PM. Don't miss this chance to acquire a property at a competitive price.
Borrower Name:Mr. Madhav Gautam
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ravi Ram Jatav
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Sagar, this residential house presents a calculated opportunity given its size and reserve price. While not a prime investment, the relatively low reserve price compared to the area might attract buyers. The auction terms are standard, adding a layer of predictability to the investment.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Rajeev Chowksey
Contact no:8839904792
