Plot for auction 15 Ward Sargara Colony, Katchi, Jaipur by Shubham Housing Developme

The property is a residential plot, identified as Plot/Survey/Allotment No-1167/15, located within Ward Sargara Colony, Katchi Basti, Jodhpur, Rajasthan - 342001. While the auction title specifies Jaipur as the city, the detailed address points to Jodhpur. This discrepancy should be clarified with the auctioneer. The property is situated in Katchi Basti, an area that typically signifies developing or informal settlements which may offer more affordable entry points for property ownership and potential for future urban development. As a plot, it provides a blank canvas for buyers to construct their desired residence or develop a commercial venture, subject to local zoning regulations. The asset category is residential, underscoring its suitability for housing. Understanding the specific development potential, local infrastructure, and connectivity to key areas within Rajasthan will be crucial for new buyers evaluating this opportunity. The location's specific advantages and drawbacks should be thoroughly investigated before bidding.

This SARFAESI auction presents a prime opportunity to acquire a residential plot in Katchi Basti, Jaipur, Rajasthan. The auction is being conducted by Shubham Housing Development Finance Co Ltd and will commence on July 31, 2025, with bidding open from 10:00 AM to 4:00 PM. The reserve price for this property is set at ₹29,14,080, with an Earnest Money Deposit (EMD) of ₹2,91,408 required to participate. Prospective buyers are advised to submit their applications by July 30, 2025, at 4:00 PM. This process, managed by Public Auction, offers a transparent method for acquiring properties directly from financial institutions. It's an ideal entry point for new buyers looking to invest in developing areas, offering the potential for significant capital appreciation and the chance to build a home or investment property in a growing urban landscape. For further inquiries, interested parties can contact Nagendra Narayan Mishra at 9315334590.