Property for Auction in Morod, Indore, Madhya Pradesh
Auction ID:547464
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
This offering is for a residential plot located in Morod, Indore, Madhya Pradesh. The property is part of a SARFAESI auction conducted by Kotak Mahindra Bank, with M/s. Padmavati Retail India PVT. LTD as the borrower. Situated in the growing region of Morod, this plot presents a prime investment opportunity. The property is designated for residential use and is being auctioned with a reserve price of ₹35,64,000. Proximity to local amenities and the expanding infrastructure of Indore makes this a desirable location for future development or personal residence. Prospective buyers are advised to conduct thorough due diligence.
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 be held on August 12, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at ₹35,64,000, with an Earnest Money Deposit (EMD) of ₹3,56,400 required to participate. This is an excellent opportunity to acquire a property in a developing area of Indore, backed by a reputable financial institution. All interested parties are encouraged to review the terms and conditions of the SARFAESI Act. For further details and inspection, please contact the 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