Land for auction 1794 Soraiya Ka Pura Cantonment, Morar, Gwalior by Canara

The auction is being conducted by Canara Bank for a valuable piece of residential land in Morar, Gwalior. The bidding is scheduled to commence on July 31, 2025, at 12:00 PM and will conclude at 2:00 PM on the same day. Interested buyers are required to submit their applications by 5:00 PM on July 30, 2025. This auction falls under the SARFAESI Act, a well-defined legal framework for secured asset recovery. The property's reserve price has been established at INR 49,78,000, with the requisite Earnest Money Deposit (EMD) set at INR 4,97,800, which must be paid to be eligible for bidding. For any queries or further assistance regarding the auction process or property details, potential bidders can reach out to the provided contact numbers: 88989014648, 9140476074, 7905027805, or 8073562754. Prospective buyers are strongly advised to conduct thorough due diligence, including site visits and legal verification, prior to the auction date to make an informed decision.

This SARFAESI auction presents a compelling opportunity to acquire a parcel of residential land located in the established Morar area of Gwalior, Madhya Pradesh. The property, situated at Part of Survey No 1794, Ward No 26, Soraiya Ka Pura, Cantonment Area, offers a generous land area of 1446 sq. ft. Its boundaries are clearly defined: North by Plot Others, East by the residence of Pal Sahab, South by the residence of Kishor Kushwaha, and West by a road, indicating good accessibility. Morar is a well-connected and developing locality within Gwalior, known for its residential infrastructure and proximity to essential amenities. This land parcel holds significant potential for development, whether for constructing a personal residence or for investment purposes, making it an attractive prospect for both end-users and astute investors looking to enter the Gwalior real estate market through a secure and transparent bank auction process. The reserve price is set at INR 49,78,000, with an Earnest Money Deposit (EMD) of INR 4,97,800 required to participate.