Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610460
Bank Name:Authum Investment & Infrastructure Limited
Branch Name:Mumbai
Reserve Price:₹33,00,000
EMD:₹3,30,000
Bid Increment:₹25,000
Auction Time:11:00-13:00
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a commercial property located in the bustling Telibandha area of Raipur, Chhattisgarh. The property is part of a SARFAESI auction initiated by Authum Investment & Infrastructure Limited. It is ideal for business ventures seeking a strategic location within a developed urban setting.
State:Chhattisgarh
City:Raipur
Area:Telibandha
Asset Category:Commercial
Full Address:B2, Quorum Condominium, B2, S.b.u.a 667.69 Sq. Ft. On The Second Floor Of "Quorum" Condominium, Telibandha, Raipur, Telibandha, Raipur
Building/Society:Quorum Condominium
Size:667.69 Sq. Ft.
Auction Description
Authum Investment & Infrastructure Limited presents a SARFAESI auction for a commercial property in Telibandha, Raipur, Chhattisgarh. The auction has a reserve price of ₹33,00,000 and requires an EMD of ₹3,30,000. Bidding will take place on 20-11-2025 between 11:00 AM and 01:00 PM. This is a prime opportunity to acquire a commercial asset in a growing city.
Borrower Name:SURAJ JOSHI
Auction Type:SARFAESI Auction
Guarantor Names:Manoj Kumar Joshi, Panchmukhi Exim Private Limited
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Telibandha, a developing area of Raipur, presents a moderate investment opportunity. While the commercial space offers potential, the reserve price and auction terms require careful consideration. This makes it a 'Calculated Opportunity' suitable for investors with local market knowledge.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Karshan Soni
Contact no:9329203188
