Plot for auction 17 Property situated at nazul block, Pune by Cholamandalam Inv

Discover a compelling investment prospect in Chhindwara, Madhya Pradesh, with this residential plot auction. Situated in the well-connected area of Goal Gunj, this property offers a substantial land area of 2186.50 sq.ft., providing ample space for various development possibilities. The plot is strategically located, with key landmarks defining its boundaries: Raj Talkies Road on the east, Jila Sahakari Kendriya Bank MYDT on the west, and adjacent residential properties belonging to Shri Mahendra Kumar Patni and Shri Rajeev Kumar Patni to the north and south respectively. This positioning suggests a vibrant and established neighborhood, potentially offering excellent infrastructure and amenities. Chhindwara, as a growing city in Madhya Pradesh, presents a promising environment for real estate appreciation. Whether you are a seasoned investor or a first-time buyer looking to secure a foothold in a developing region, this plot represents a unique chance to acquire a well-positioned asset with considerable future potential. The clear demarcation of boundaries ensures a straightforward understanding of the property's extent.

This SARFAESI auction presents a prime opportunity to acquire a valuable residential plot located in the heart of Chhindwara, Madhya Pradesh. The auction is being conducted by Cholamandalam Investment And Finance Company Limited, with the bidding scheduled to commence on July 31, 2025, and conclude on the same day between 11:00 AM and 1:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, 5:30 PM. The earnest money deposit (EMD) is set at ₹21,04,740, with a reserve price of ₹2,10,47,400, indicating a significant investment potential. The property, situated in Nazul Block No. 17, Plot No. 17, in Goal Gunj, spans an impressive 2186.50 sq.ft. Its boundaries are clearly defined by Raj Talkies Road to the east, Jila Sahakari Kendriya Bank MYDT to the west, the house of Shri Mahendra Kumar Patni to the north, and the remaining part of the land allocated to Shri Rajeev Kumar Patni to the south. This strategically located plot offers excellent connectivity and accessibility, making it an attractive prospect for development or personal use.