Property for Auction in Chourai, Chhindwara, Madhya Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:602800
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹1,78,96,000
EMD:₹17,89,600
Bid Increment:₹10,000
Auction Time:12:00 p.m. to 05:30 p.m.
Service Provider:BAANKNET
Submission Date:2025-11-26
Bid Start Date:2025-11-26
This SARFAESI auction presents a prime opportunity to acquire a Land and Building asset in Chourai, Chhindwara, Madhya Pradesh. The property, formerly held by Smt Aradhna Dikshit, is categorized as Residential. Located in the bustling area of Chourai, this asset offers significant potential for development or personal use. The auction is being conducted by Punjab National Bank.
State:Madhya Pradesh
City:Chhindwara
Area:Chourai
Asset Category:Residential
Full Address:Mouza Jhilmili, B.No.110, PH.No.21, Khasra No. 449/1/2/1/2 and Khasra No.449/1/2/2, RNM & Tehsil Choural, Jhilmili, Chhindwara
Size:0.501 Hect
Punjab National Bank is holding a SARFAESI auction for a Land and Building property in Chourai, Chhindwara, Madhya Pradesh. The auction will commence on November 26, 2025, at 12:00 PM and conclude at 05:30 PM on the same day. The reserve price for this residential asset is ₹1,78,96,000.00, with an Earnest Money Deposit (EMD) of ₹17,89,600.00 required to participate. This is a unique chance to invest in a valuable property through a transparent auction process.
Borrower Name:Smt Aradhna Dikshit
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property presents a reasonable investment opportunity due to its location on the main road and commercial diversion. However, the relatively high reserve price and symbolic possession warrant careful consideration. Further due diligence is advisable before bidding.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
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