Property for Auction in Babai(N), Narmadapuram, Madhya Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609003
Bank Name:Bank of Baroda
Branch Name:Bhopal
Reserve Price:₹93,50,000
EMD:₹9,35,000
Bid Increment:₹10,000
Auction Time:2:00 p.m. to 06:00 p.m.
Service Provider:BAANKNET
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
This auction features a valuable parcel of land located in Babai(N), Narmadapuram, Madhya Pradesh. The property is identified as residential land and is being auctioned by Bank of Baroda under the SARFAESI Act. This is a prime opportunity to acquire land in a developing area. The reserve price is set at INR 93,50,000, with an Earnest Money Deposit (EMD) of INR 9,35,000 required to participate.
State:Madhya Pradesh
City:Narmadapuram
Area:Babai(N)
Asset Category:Residential
Full Address:Kh No. 107/3 (Diverted Khasra No. 107/6), Mojja Sirwad, Tehsil Babai, Distt-Narmadapuram, MP-461661, Sirwad, Narmadapuram
Size:21750 sqft
Bank of Baroda presents a SARFAESI auction for a residential land parcel in Babai(N), Narmadapuram, Madhya Pradesh. The auction will commence on November 24, 2025, at 02:00 PM and conclude on the same day at 06:00 PM. The starting bid is the reserve price of INR 93,50,000. An EMD of INR 9,35,000 must be submitted to participate. This is a direct opportunity to bid on and potentially own this land asset.
Borrower Name:Shree Balaji Warehouse
Auction Type:SARFAESI Auction
Guarantor Names:Mr Suresh Chandra Joshi, Mrs. Vidhya Joshi, Mr. Utkarsh Joshi, Mrs. Rashmi Joshi
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The land in Babai, Narmadapuram, presents a calculated opportunity due to its size and location. While the reserve price is moderate, the location's potential for future development makes it a worthwhile consideration. Investors should analyze local market trends before bidding.
Branch:Branch Office : Bhopal
Service Provider:BAANKNET
Contact Details:
Contact no:7247770078