Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614439
Bank Name:Indian Bank
Branch Name:Zonal Office : SATNA
Reserve Price:₹9,03,000
EMD:₹90,300
Bid Increment:₹10,000
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
This is a prime plot of land located in Waidhan, Singrauli, Madhya Pradesh. Ideal for residential development, this asset is being auctioned by Indian Bank under the SARFAESI Act. Situated in a developing area, it presents a significant opportunity for investors and prospective homeowners seeking to establish a presence in Singrauli.
State:Madhya Pradesh
City:Singrauli
Area:Waidhan
Asset Category:Residential
Full Address:Vill- Pachkhora, PO/PS- Waidhan, Tehsil/Dist-Singrauli MP-486886, Pachkhora, Singrauli
Size:0.014 Hec.
Auction Description
Indian Bank is conducting a SARFAESI auction for a valuable plot of land in Waidhan, Singrauli, Madhya Pradesh. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this residential land is set at ₹9,03,000.00, with an Earnest Money Deposit (EMD) of ₹90,300.00 required to participate. This is a unique chance to acquire property in a growing region.
Borrower Name:M/s. Vandana Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Shri Anil Kumar Verma, Shri Sushil Kumar Verma, Shri Chandrika Prasad Verma
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small plot of land in a rural area. The reserve price is relatively low, but the limited information and location suggest a calculated approach. It could be a decent investment if the local market conditions are favorable.
Contact Details
Branch:Branch Office : Zonal Office : SATNA
Service Provider:BAANKNET
Contact Details:
Shri Santosh Kumar Nayak
Contact no:8056170076
