Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614284
Bank Name:Canara Bank
Branch Name:Regional Office : Bhopal
Reserve Price:₹12,60,000
EMD:₹1,26,000
Service Provider:BAANKNET
Important Dates
Submission Date:21-11-2025 11:30 AM
Bid Start Date:2025-11-21
Property Description
This is a land parcel located in Chhindwara, Madhya Pradesh, being auctioned by Canara Bank. The property is categorized as residential and is part of a SARFAESI auction. The borrower associated with this property is Mrs. Sangeeta Mehandole. This is an opportunity to acquire land in the Chhindwara area.
State:Madhya Pradesh
City:Chhindwara
Area:Chhindwara,
Asset Category:Residential
Full Address:Ward no.9 Sant Ravidas, Chhindwara, Madhya Pradesh, Ward no.9 Sant Ravidas, Chhindwara
Size:0.007 hect
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Chhindwara, Madhya Pradesh. The auction will take place on November 21, 2025, starting at 12:00 PM and concluding at 01:00 PM. The reserve price for this auction is INR 12,60,000, with an Earnest Money Deposit (EMD) of INR 1,26,000. This is a sealed bid auction, details for submission will be provided by the bank.
Borrower Name:Mrs. Sangeeta Mehandole
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Indar Singh Suryavanshi S/o Mr. Janrav Suryavanshi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing locality, offered at a reasonable reserve price. However, limited information and the lack of visible growth drivers contribute to a 'Calculated Opportunity' rating. Further due diligence is needed to assess the potential for appreciation.
Contact Details
Branch:Branch Office : Regional Office : Bhopal
Service Provider:BAANKNET
Contact Details:
Contact no:7889976734
