Property for Auction in Morod, Indore, Madhya Pradesh
Auction ID:547465
Bank Name:Kotak Mahindra Bank
Branch Name:Registered Office: Mumbai
Reserve Price:₹35,64,000
EMD:₹3,56,400
Service Provider:bankauctions.in
Submission Date:11-08-2025 05:00 PM
Bid Start Date:12-08-2025 11:00 AM
A residential plot located in Morod, Indore, Madhya Pradesh. This property is being auctioned by Kotak Mahindra Bank under the SARFAESI Act due to default by the borrower, M/s. Padmavati Retail India PVT. LTD. The plot offers a significant investment opportunity in a growing locale. Further details regarding the specific dimensions and amenities can be obtained during the auction process or from the bank.
State:Madhya Pradesh
City:Indore
Area:Morod
Asset Category:Residential
Kotak Mahindra Bank presents a SARFAESI auction for a residential plot in Morod, Indore, Madhya Pradesh. The auction will take place on August 12, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹35,64,000 with an Earnest Money Deposit (EMD) of ₹3,56,400. This is a prime opportunity to acquire a property in a developing area of Indore.
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