Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:604722
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹33,20,000
EMD:₹3,32,000
Bid Increment:₹10,000
Auction Time:2:00 p.m. to 06:00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
This auction features a prime piece of real estate in Kanja, Shajapur, Madhya Pradesh. The property is classified as residential and consists of land with an existing building. It is being auctioned by Bank of Baroda as part of a SARFAESI process. This presents a valuable opportunity for investors or individuals looking to acquire property in a developing area.
State:Madhya Pradesh
City:Shajapur
Area:Kanja
Asset Category:Residential
Full Address:survey no 375, Village Kanja, Shajapur, Kanja, Shajapur
Size:6456 sq. ft.
Auction Description
Bank of Baroda is conducting an online SARFAESI auction for a land and building property located in Kanja, Shajapur, Madhya Pradesh. The auction is scheduled for November 24, 2025, with bidding open from 2:00 PM to 6:00 PM. The reserve price for this asset is ₹3,320,000, with an Earnest Money Deposit (EMD) of ₹332,000 required to participate. This auction offers a transparent and competitive platform for acquiring the property from M/s Uday Trading Company.
Borrower Name:M/s Uday Trading Company
Auction Type:SARFAESI Auction
Guarantor Names:Shri Naresh Mandloi S/o Mr. Ramesh Chandra Mandloi, Mr Ashok Kumar Mandloi S/o Mr. Ramesh Chandra Mandloi, Mr Dilip kumar Mandloi S/o Mr. Ramesh Chandra Mandloi
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity given its location in Kanja and physical possession status. The reserve price is relatively moderate, making it a calculated risk for potential buyers. Further due diligence on the property's history and market value is recommended.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:7247770078
