Property for Auction in Chhindwara, Bhopal, Madhya Pradesh
Auction ID:546931
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch Jabalpur
Reserve Price:₹49,00,000
EMD:₹4,90,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
This offering is for a residential plot located in Chhindwara, Bhopal, Madhya Pradesh. The property is being auctioned by the Union Bank of India under SARFAESI provisions. It represents an excellent opportunity for developers or individuals looking to construct a home or invest in a growing locale. The specific dimensions and location details of the plot can be obtained from the bank or the official auction notice. The property is situated in a region with developing infrastructure, making it a potentially attractive investment.
State:Madhya Pradesh
City:Bhopal
Area:Chhindwara
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a prime residential plot in Chhindwara, Bhopal, Madhya Pradesh. The auction will be held on August 14, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at INR 49,00,000, with an Earnest Money Deposit (EMD) of INR 4,90,000 required. This is a valuable opportunity to acquire a plot of land in a developing area. Property is being auctioned due to loan default by Shri Nilesh Sharma. Interested bidders are advised to review all auction terms and conditions before participating.
Borrower Name:Shri Nilesh Sharma
Auction Type:SARFAESI Auction
Ajay Charuka 7999611857