Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609245
Bank Name:SBFC Finance Ltd
Branch Name:Registered office
Reserve Price:₹29,70,000
EMD:₹2,97,000
Auction Time:12:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-08
Property Description
This is a residential house located in Pithampur, Dhar, Madhya Pradesh. The property is being auctioned by SBFC Finance Ltd under the SARFAESI Act. The borrower associated with this property is Mr. Rajesh Parihar. Pithampur is known for its industrial significance, offering potential for both residential living and investment. The property details, including its exact location and specifications, will be further elaborated in the auction documents.
State:Madhya Pradesh
City:Dhar
Area:Pithampur
Asset Category:Residential
Full Address:858, House No. 858, Ward No. 22, Situated at Village Sagore, Tehsil Pithampur, District Dhar, Sagore, Pithampur
Size:1500 sq. ft.
Auction Description
SBFC Finance Ltd presents an SARFAESI auction for a residential house in Pithampur, Dhar, Madhya Pradesh. The auction will commence on December 8, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹29,70,000, with an Earnest Money Deposit (EMD) of ₹2,97,000. This is a prime opportunity to acquire a property in a developing industrial area. Interested bidders are advised to review all auction terms and conditions provided by SBFC Finance Ltd.
Borrower Name:Mr RAJESH PARIHAR
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a residential house in Pithampur, Madhya Pradesh, offered at a reserve price of ₹2970000.0. The location is reasonable, but further due diligence is needed to confirm its market value. The auction terms are standard, presenting a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : Registered office
Service Provider:Public Auction
Contact Details:
Alok Kumar Sharma
Contact no:+919826597104
