Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614440
Bank Name:Indian Bank
Branch Name:Zonal Office : SATNA
Reserve Price:₹1,08,20,000
EMD:₹10,82,000
Bid Increment:₹50,000
Auction Time:11 am to 5.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 01:00 PM
Bid Start Date:2025-11-25
Property Description
A parcel of land located in the Raghurajnagar area of Satna, Uttar Pradesh. This residential plot is being auctioned by Indian Bank. The property is offered as part of a SARFAESI auction, presenting a unique opportunity for investment or development in a growing region.
State:Uttar Pradesh
City:Satna
Area:Raghurajnagar
Asset Category:Residential
Full Address:Plot No 6, Sai Lotus City, Arazi No- 2/1/Ka/2/3, total area- 3000 Sqft (N-S 50ft and E-W 60 ft) Majhbogawa (Sai Lotus City) Plot No 6, PHN-95 New 21, RNM & Vikas Khand - Sohawal, Tehsil-Raghurajnagara, Majhbogawa (Sai Lotus City), Satna
Building/Society:Sai Lotus City
Size:3000 Sqft
Auction Description
Indian Bank is conducting a SARFAESI auction for a land parcel in Raghurajnagar, Satna, Uttar Pradesh. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this residential land is INR 10,820,000, with an Earnest Money Deposit (EMD) of INR 1,082,000 required to participate. This is a prime opportunity to acquire a valuable asset directly from the bank.
Borrower Name:Shri Gaurav Pratap Singh
Auction Type:SARFAESI Auction
Guarantor Names:Shri Saurabh Pratap Singh
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a good investment opportunity due to its land size and location in Raghurajnagar. The reserve price is relatively high, suggesting potential value, but further due diligence is recommended. Auction terms appear standard, presenting a reasonable risk profile for informed investors.
Contact Details
Branch:Branch Office : Zonal Office : SATNA
Service Provider:BAANKNET
Contact Details:
Shri Dinesh Kumar
Contact no:9811464399
