Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612924
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹40,50,000
EMD:₹4,05,000
Bid Increment:₹50,000
Auction Time:11:00 am to 1:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-11
Property Description
This is a unique opportunity to acquire a parcel of land in Gadarwara, Narsingpur, Madhya Pradesh. Situated in a developing area, this residential land offers potential for future growth and development. Ideal for investors or individuals looking to build their dream home or a speculative project. The property is being auctioned by Cholamandalam Investment And Finance Company Limited.
State:Madhya Pradesh
City:Narsingpur
Area:Gadarwara
Asset Category:Residential
Full Address:Part Of Khasra No. 147/57, Mouza Gadarwara S.no. 119, Ph No.99/18/1 Rnm Gadarwara, Gadarwara, Narsingpur
Size:1125 Sq.ft
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a land parcel in Gadarwara, Narsingpur, Madhya Pradesh. The auction will take place on December 11, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at INR 40,50,000, with an Earnest Money Deposit (EMD) of INR 4,05,000 required to participate. This is a sealed bid auction.
Borrower Name:Shrikant Dubey
Auction Type:SARFAESI Auction
Guarantor Names:Aruna Dubey, Bijasen Enterprises, Ramsewak Dubey
Legal Details
Possession Status:Symbolic
Encumbrance Details:NOT KNOWN
Why This Property
The property represents a calculated opportunity due to its location in Gadarwara and the affordable reserve price. While it's a land parcel, its potential for development makes it worth considering. Auction terms are standard, offering a balance of risk and potential return.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:Public Auction
Contact Details:
Muhammed Rahees
Contact no:8124000030
