Plot for auction 234 Sq. Mtr. Morod, Indore by Kotak Mahindra Bank

Property for Auction in Morod, Indore, Madhya Pradesh

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

Auction Details

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

Important Dates

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

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

Property Description

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

Auction Description

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 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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