Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609247
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹4,80,960
EMD:₹48,096
Service Provider:Auctionbazaar
Important Dates
Submission Date:23-11-2025 05:00 PM
Bid Start Date:24-11-2025 11:00 AM
Property Description
This is a residential house located in the Sarovar Colony area of Ashok Nagar, Madhya Pradesh. The property is being auctioned by Phoenix ARC Private Limited as part of a SARFAESI auction. It presents an opportunity to acquire a home in a well-established locality.
State:Madhya Pradesh
City:Ashok Nagar
Area:Sarovar Colony
Asset Category:Residential
Full Address:508, PK No 38 House No 508 Ward No 2 (New 3) Ravi Shankar Ward Tulsi Sarovar Colony Ashoknagar 473331 Madhya Pradesh, Sarovar Colony, Ashok Nagar
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential house in Sarovar Colony, Ashok Nagar, Madhya Pradesh. The auction will take place on November 24, 2025, starting at 11:00 AM and concluding at 02:00 PM. The reserve price is ₹480,960.0, with an Earnest Money Deposit (EMD) of ₹48,096.0 required to participate. This auction offers a chance to purchase the property formerly belonging to Raju Bhai Patel.
Borrower Name:Raju Bhai Patel
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Sarovar Colony, Ashok Nagar, with a reasonable reserve price. While the location is specified, further details on the property size and condition are needed for a more confident assessment. The auction terms appear standard, presenting a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
