Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611881
Bank Name:Canara Bank
Branch Name:Regional Office Ujjain
Reserve Price:₹9,50,000
EMD:₹95,000
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
A residential house located in NAGDA, Ujjain, Madhya Pradesh, brought to auction by Canara Bank. This property is offered under the SARFAESI Act, representing an opportunity for potential buyers to acquire a home in a developing area. The property's specific details and condition should be verified by interested parties.
State:Madhya Pradesh
City:Ujjain
Area:NAGDA
Asset Category:Residential
Full Address:House on Survey No. 1352/1/2, Sunir Nagar,Village Padlyakala, Sunir Nagar, Village Padlyakala, Nagda, Ujjain
Size:625 sqft
Auction Description
Canara Bank presents a SARFAESI auction for a residential house in NAGDA, Ujjain, Madhya Pradesh. The auction begins on November 21, 2025, at 12:00 PM and concludes at 02:00 PM on the same day. The reserve price is set at ₹9,50,000, with an Earnest Money Deposit (EMD) of ₹95,000 required. This is a direct opportunity to bid on the property formerly associated with borrower Mr. Balwant Singh.
Borrower Name:Mr. Balwant Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ravi Mali S/o Mr. Jagdish Mali
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property presents a calculated opportunity given its location in Nagda and the moderate reserve price. While not a 'Prime Investment', the house offers potential value. Due diligence is recommended to assess the property's condition and local market trends before bidding.
Contact Details
Branch:Branch Office : Regional Office Ujjain
Service Provider:BAANKNET
Contact Details:
Mr. B Jeyaseelan
Contact no:9425302389
