Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614294
Bank Name:Canara Bank
Branch Name:Regional Office : Bhopal
Reserve Price:₹33,12,000
EMD:₹3,31,200
Bid Increment:₹10,000
Auction Time:12:00 PM to 1:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-21
Property Description
This is a SARFAESI auction for a Land and Building property in SOHAGPUR, Hoshangabad, Madhya Pradesh. The asset is categorized as Residential and is being auctioned by Canara Bank. The property is associated with the borrower M/s Mahadev Krishi Sewa Kendra. The auction presents an opportunity to acquire a property in a developing area.
State:Madhya Pradesh
City:Hoshangabad
Area:SOHAGPUR,
Asset Category:Residential
Full Address:shastri ward, P.H. 11, Sohagpur, Hoshangabad (M.P.), Sohagpur, Hoshangabad
Size:1500 sqft
Auction Description
Canara Bank is conducting a SARFAESI auction for a Residential Land and Building in SOHAGPUR, Hoshangabad, Madhya Pradesh. The auction will take place on November 21, 2025, from 12:00 PM to 01:00 PM. The reserve price for this auction is INR 33,12,000, with an Earnest Money Deposit (EMD) of INR 3,31,200 required to participate. This auction is an opportunity to bid on a valuable asset.
Borrower Name:M/s Mahadev Krishi Sewa Kendra
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Lakhan Lal Raghuwanshi, Sahab Singh Raghuwanshi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity given its location in Sohagpur and the size of the land and building. However, a moderate reserve price and symbolic possession suggest a calculated approach. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Regional Office : Bhopal
Service Provider:BAANKNET
Contact Details:
Contact no:8989989120
