Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612840
Bank Name:Union Bank of India
Branch Name:Gwalior
Reserve Price:₹6,40,000
EMD:₹64,000
Auction Time:12:00 Noon to 05.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
This is a residential house located on Narayanpura Road in Chhatarpur, Madhya Pradesh. The property is being auctioned by Union Bank of India under SARFAESI regulations. The borrower for this asset is M/s Mere Baba Engineering. This is a great opportunity to acquire a property in a developing area of Chhatarpur.
State:Madhya Pradesh
City:Chhatarpur
Area:Narayanpura road
Asset Category:Residential
Full Address:572, House No 572, Khasra No 1908/1/Min-13, ward no 01, behind Shankar ji temple, Siddheshwar colony, Narayanpura road, Siddheshwar colony, Chhatarpur
Size:1000 sq.ft.
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential house in Chhatarpur, Madhya Pradesh, situated on Narayanpura Road. The auction will commence on November 28, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹6,40,000, with an Earnest Money Deposit (EMD) of ₹64,000 required to participate. This auction presents a unique chance to own a house through a transparent banking process.
Borrower Name:M/s Mere Baba Engineering
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Chhatarpur with a relatively low reserve price, making it a potentially interesting opportunity. However, the symbolic possession and limited available details suggest further investigation is needed to assess its true investment potential. This is why it is categorized as a Calculated Opportunity.
Contact Details
Branch:Branch Office : Gwalior
Service Provider:BAANKNET
Contact Details:
Contact no: —
