Property for Auction in Khandwa, Khandwa, Madhya Pradesh
Auction ID:539587
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹5,35,00,000
EMD:₹53,50,000
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 12:00 PM
The property consists of diverted land and a building situated in Dondwada, Khandwa. Specifically, it includes Survey no 851/2, categorized for Commercial Diversion, covering an area of 1.40 Hectares, and Survey no 851/3, categorized for Industrial Diversion, also covering an area of 1.40 Hectares. Tehsil and District are Khandwa. Survey No 851/2 is owned by M/s Sethi Agritech Pvt Ltd, and Survey No 851/3 is owned by Mrs. Kamlesh Manakchand Sethi.
State:Madhya Pradesh
City:Khandwa
Area:Khandwa
Asset Category:Residential
The Union Bank of India is conducting a SARFAESI auction for a Land and Building property in Khandwa, Madhya Pradesh. The property is located at Dondwada, Survey no 851/2 (Commercial Diversion) with an area of 1.40 Hectares and Survey no 851/3 (Industrial Diversion) with an area of 1.40 Hectares, Tehsil Khandwa, Dist. Khandwa. Survey No 851/2 is owned by M/s Sethi Agritech Pvt Ltd, and Survey No 851/3 is owned by Mrs. Kamlesh Manakchand Sethi. The asset category is Residential. The auction will take place on July 30, 2025, from 12:00 PM to 05:00 PM. The reserve price is 53,500,000.00 and the Earnest Money Deposit (EMD) is 5,350,000.00. The application submission date is July 29, 2025, by 05:00 PM.
Borrower Name:M/s Sethi Agritech Pvt. Ltd
Auction Type:SARFAESI Auction
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