Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610630
Bank Name:Indian Bank
Branch Name:Zonal Office: Office Complex (Bhopal)
Reserve Price:₹13,36,000
EMD:₹1,33,600
Bid Increment:₹10,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential house located in Teelakhedi, Vidisha, Madhya Pradesh. The property is being auctioned by Indian Bank under the SARFAESI Act. It presents an opportunity to acquire a home in a developing area of Vidisha.
State:Madhya Pradesh
City:Vidisha
Area:Teelakhedi
Asset Category:Residential
Full Address:5, RMP Nagar Phase 1, Plot no.5 RMP Nagar Phase 1, Teela Khedi Road Vidisha, Teelakhedi, Vidisha
Building/Society:RMP Nagar Phase 1
Size:750 sq ft
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential house in Teelakhedi, Vidisha, Madhya Pradesh. The auction is scheduled for November 19, 2025, from 11:00 AM to 5:00 PM. The reserve price for this auction is INR 13,36,000, with an EMD of INR 1,33,600. This is a prime opportunity for interested buyers to bid on the property belonging to Smt. Asha Batham.
Borrower Name:Smt. Asha Batham
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent residential opportunity in Vidisha. The reserve price seems reasonable for the location and size, but potential investors should thoroughly investigate the property and auction terms. Given the symbolic possession and the location, it's a calculated risk with moderate return potential.
Contact Details
Branch:Branch Office : Zonal Office: Office Complex (Bhopal)
Service Provider:BAANKNET
Contact Details:
Mr. Pravakar Sahoo
Contact no:8780783580
