Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611470
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹31,59,000
EMD:₹3,15,900
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a bank auction for a parcel of land located in Alot, Ratlam, Madhya Pradesh. The property is categorized as Residential. The auction is being conducted by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. The reserve price for this land parcel is INR 31,59,000.00, with an Earnest Money Deposit (EMD) of INR 3,15,900.00. This is a prime opportunity to acquire land in the Ratlam region.
State:Madhya Pradesh
City:Ratlam
Area:Alot
Asset Category:Residential
Full Address:870/1, Part of survey no. 870/1/-kharwakala Tal Ratlam MP-457114. P.S.N. 870/1, Kharwa kalan, Teh. Alot Dist. Ratlam, Near H.P. Petrol pump, Ratlam MP-457114, Kharwakala, Ratlam
Auction Description
Cholamandalam Investment And Finance Company Limited is holding a SARFAESI auction for a residential land property in Alot, Ratlam, Madhya Pradesh. The auction will take place on November 20, 2025, starting at 02:00 PM and concluding at 04:00 PM. The reserve price is set at INR 31,59,000.00, and interested bidders must submit an EMD of INR 3,15,900.00. This auction presents a direct opportunity to purchase land previously associated with borrower Mr/Mrs. YASHWANT SINGH.
Borrower Name:Mr/Mrs. YASHWANT SINGH
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. NEETU KUNWAR, Mr/Mrs. PADMA VATI GEHARWAR (ALIAS) PADMA GEHARWAR
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is land in a developing area, offered at a reasonable reserve price. While not a prime investment, it represents a calculated opportunity for buyers familiar with the local market. Auction terms appear standard, and further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Vinay Sankhre / Mrs. Komal Sharma
Contact no:9737317135/8870464652
