Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609715
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Chennai
Reserve Price:₹16,25,000
EMD:₹1,62,500
Bid Increment:₹50,000
Auction Time:11:00 am to 1:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a vacant land parcel located in Rattam, Ratlam, Madhya Pradesh. The property is being auctioned by Cholamandalam Investment And Finance Company Limited under SARFAESI rules. It is a residential land parcel ideal for development. The reserve price is set at INR 16,25,000, with an Earnest Money Deposit (EMD) of INR 1,62,500 required to participate in the auction.
State:Madhya Pradesh
City:Ratlam
Area:Rattam
Asset Category:Residential
Full Address:356, MHOW ROAD, RATLAM (M.P), Rattam, Ratlam
Size:659.06 sq.ft
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting an online SARFAESI auction for a land parcel in Rattam, Ratlam, Madhya Pradesh. The auction will take place on December 3, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price for this residential land is INR 16,25,000, and the EMD is INR 1,62,500. Bidders are advised to thoroughly inspect the property and review all auction terms and conditions prior to bidding.
Borrower Name:AMIN KHAN
Auction Type:SARFAESI Auction
Guarantor Names:MOHAMMAD MATLUB, MOHAMMAD YASIR, SHAHJAHAN BEE, AZEEM KHAN, M/S FAMOUS TRADERS
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to CIFCL
Why This Property
The property is a land in Ratlam, Madhya Pradesh, offered at a reasonable reserve price. The location has potential for future appreciation. However, potential buyers should conduct thorough due diligence before participating in the auction.
Contact Details
Branch:Branch Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Contact no:8124000030
