Land for auction 2 Tehsil Behind Jabalpur by BOI

This auction features a parcel of land situated Behind Devraj in Jabalpur, Madhya Pradesh. Classified under the residential asset category, this property is being auctioned by Union Bank of India under the SARFAESI Act. The land offers potential for residential development or investment. Its location in Jabalpur, a significant city in Madhya Pradesh, provides access to local amenities and infrastructure. The property was previously associated with M/s Mahalaxmi Plywood and Furniture. Interested parties should conduct their own due diligence regarding land use, zoning, and any encumbrances prior to bidding.

Union Bank of India invites bids for a SARFAESI auction of land located Behind Devraj, Jabalpur, Madhya Pradesh. The auction is for the property belonging to M/s Mahalaxmi Plywood and Furniture. The reserve price is INR 3,465,000, with an Earnest Money Deposit (EMD) of INR 346,500. This is a prime opportunity to acquire land in a developing area. The auction will be conducted online on August 14, 2025, starting at 12:00 PM and concluding at 5:00 PM. Prospective bidders are advised to review all auction terms and conditions on the bank's official website.