Property for Auction in Hinganghat, Wardha, Madhya Pradesh
Auction ID:561130
Bank Name:Bank of India
Branch Name:Zonal Office : nagpur
Reserve Price:₹8,57,000
EMD:₹85,700
Service Provider:BAANKNET
Submission Date:08-09-2025 05:00 PM
Bid Start Date:09-09-2025 11:00 AM
The property is a residential plot located in Hinganghat, within the Wardha district of Madhya Pradesh. Previously linked to M/S SGM Ginning & Pressing Industry, this plot is being auctioned by the Bank of India under the SARFAESI Act. Hinganghat is a significant tehsil headquarters known for its agricultural activities, offering potential for residential development or investment. The location provides access to local amenities and infrastructure within the Wardha region.
State:Madhya Pradesh
City:Wardha
Area:Hinganghat
Asset Category:Residential
This SARFAESI auction presents a unique opportunity to acquire a residential plot in Hinganghat, Wardha, Madhya Pradesh. The Bank of India is auctioning this asset previously associated with M/S SGM Ginning & Pressing Industry. The auction will take place on September 9, 2025, from 11:00 AM to 5:00 PM. The reserve price is set at ₹8,57,000, with an Earnest Money Deposit (EMD) of ₹85,700 required to participate. This is a prime chance for investors or individuals looking to develop property in a developing region.
Borrower Name:M/S SGM Ginning & Pressing Industry
Auction Type:SARFAESI Auction
Mr.Sanjay Tripathi. No. 9559726802