Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609584
Bank Name:Debts Recovery Tribunal
Branch Name:Jabalpur
Reserve Price:₹4,30,000
EMD:₹43,000
Bid Increment:₹5,000
Auction Time:12:00 Hours to 13:00 hours
Service Provider:Public Auction
Important Dates
Submission Date:2025-01-12
Bid Start Date:2025-12-03
Property Description
This is a land and building property located in Bhagwanpura, Khargone, Madhya Pradesh. The property is categorized as residential and is being auctioned by the Debts Recovery Tribunal. It is a valuable opportunity to acquire real estate in this region.
State:Madhya Pradesh
City:Khargone
Area:Bhagwanpura,
Asset Category:Residential
Full Address:Village-Hirapur, Tehsil-Bhagwanpura, District-Khargone (M.P.), Bhagwanpura, Khargone
Size:0.757 hectares
Auction Description
The Debts Recovery Tribunal is holding an online auction for a land and building property in Bhagwanpura, Khargone, Madhya Pradesh. The reserve price for this asset is INR 4,30,000, with an Earnest Money Deposit (EMD) of INR 43,000. The auction will take place on December 3, 2025, starting at 12:00 PM and concluding at 1:00 PM. This is a DRT auction for the property of Ms Priti Desai.
Borrower Name:Ms Priti Desai
Auction Type:DRT Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is land and building located in Bhagwanpura, Khargone, with a relatively low reserve price. While it presents an opportunity, potential buyers should carefully assess the location and property conditions before bidding. The recommendation is a calculated opportunity due to the potential for appreciation but with inherent risks associated with rural properties.
Contact Details
Branch:Branch Office : Jabalpur
Service Provider:Public Auction
Contact Details:
Mr. HL Pandro
Contact no:9753178133
