Plot for auction 22 Tehsil Mhow Mhow Indore by Kotak Mahindra Bank

Property for Auction in Mhow, Indore, Madhya Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
Mhow, Indore
Auction Date IconAuction Date:
12-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:11-08-2025 05:00 PM

Bid Start Date:12-08-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Mr. Sachin Shreevas on +91-8655657754, Mr. Sesha Srinivasan (Authorized Officer) on +91-9916855444 &/or Mr. Ashok Motwani on +91-9873737351

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