Property for Auction in Pithampur, Dhar, Madhya Pradesh
Auction ID:585234
Bank Name:Debts Recovery Tribunal
Branch Name:Jabalpur
Reserve Price:₹2,61,00,000
EMD:₹26,10,000
Service Provider:bankeauctions.com / C1 India
Submission Date:28-10-2025 05:00 PM
Bid Start Date:29-10-2025 02:00 PM
A substantial land and building asset situated in the industrial hub of Pithampur, Dhar, Madhya Pradesh. This property, formerly associated with Ms. New Tech Pipes Ltd., offers a significant opportunity for development or investment in a prime industrial zone. Its location in Pithampur, known for its robust manufacturing and commercial activities, makes it a strategically valuable acquisition. The property is categorized as residential, indicating potential for mixed-use development or employee housing in the vicinity of industrial establishments.
State:Madhya Pradesh
City:Dhar
Area:Pithampur
Asset Category:Residential
The Debts Recovery Tribunal is conducting an online auction for a prime land and building property in Pithampur, Dhar, Madhya Pradesh. This DRT auction presents a unique chance to acquire a significant asset with a reserve price of ₹2,61,00,000. An Earnest Money Deposit (EMD) of ₹26,10,000 is required to participate. Bidders are advised to conduct thorough due diligence on the property, formerly belonging to Ms. New Tech Pipes Ltd. The auction will take place on October 29, 2025, commencing at 02:00 PM and concluding at 03:00 PM IST. Secure your bid for this valuable opportunity.
Borrower Name:Ms. New Tech Pipes Ltd.
Auction Type:DRT Auction
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