Property for Auction in UshaNagar, Indore, Madhya Pradesh
Auction ID:570415
Bank Name:Bank of India
Branch Name:ZONAL OFFICE Star House, INDORE
Reserve Price:₹29,70,000
EMD:₹2,97,000
Service Provider:BAANKNET
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 11:00 AM
This offering features a residential plot located in the well-established UshaNagar area of Indore, Madhya Pradesh. The property is being auctioned by the Bank of India under the SARFAESI Act. Ideal for development, this plot presents a prime opportunity in a sought-after locale. Indore, known for its vibrant economy and planned development, offers a promising environment for real estate investment. The area of UshaNagar is characterized by its accessibility and developing infrastructure, making it an attractive location for future growth.
State:Madhya Pradesh
City:Indore
Area:UshaNagar
Asset Category:Residential
The Bank of India invites bids for a residential plot in UshaNagar, Indore, Madhya Pradesh. This SARFAESI auction has a reserve price of INR 29,70,000, with an Earnest Money Deposit (EMD) of INR 2,97,000 required to participate. The auction will be conducted online on September 26, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. This is a significant opportunity to acquire a property with clear title, presented by a leading public sector bank. Interested bidders are advised to review all auction documents and terms and conditions prior to participating.
Borrower Name:M/s Shri Salasar Trading
Auction Type:SARFAESI Auction
Contact ARB-Indore Ph.: 0731-2445122