Property for Auction in Mhow, Indore, Madhya Pradesh
Auction ID:547463
Bank Name:Kotak Mahindra Bank
Branch Name:Registered Office: Mumbai
Reserve Price:₹45,00,000
EMD:₹4,50,000
Service Provider:bankauctions.in
Submission Date:11-08-2025 05:00 PM
Bid Start Date:12-08-2025 11:00 AM
This offering is a residential plot located in Mhow, Indore, a key area within Madhya Pradesh. The property is being auctioned by Kotak Mahindra Bank as part of a SARFAESI action concerning M/s. Padmavati Retail India PVT. LTD. The plot offers potential for residential development or investment in a growing region. Its location in Mhow provides access to local amenities and infrastructure. This is a direct sale from the bank, providing a clear title and a straightforward transaction process.
State:Madhya Pradesh
City:Indore
Area:Mhow
Asset Category:Residential
Kotak Mahindra Bank presents a SARFAESI auction for a residential plot in Mhow, Indore, Madhya Pradesh. The auction will be held on August 12, 2025, from 11:00 AM to 12:00 PM. The reserve price is INR 45,00,000, with an Earnest Money Deposit (EMD) of INR 4,50,000 required. This is a valuable opportunity to acquire property through a transparent bank auction process. Interested bidders should review all auction terms and conditions provided by Kotak Mahindra Bank.
Borrower Name:M/s. Padmavati Retail India PVT. LTD
Auction Type:SARFAESI Auction
Contact Mr. Sachin Shreevas on +91-8655657754, Mr. Sesha Srinivasan (Authorized Officer) on +91-9916855444 &/or Mr. Ashok Motwani on +91-9873737351