Plot for auction 63 North-Road, Seoni., Seoni by Canara

This auction features a valuable residential plot located in Seoni, Madhya Pradesh. Situated in Mouza Babariya, the property covers an area of 1920 square feet (0.02 hectares) and is identified by Khasra No. 162/7. The plot offers excellent accessibility, with a road forming its northern boundary, and adjacent plots to the east, south, and a residential house to the west. Seoni, a district headquarters, is a growing urban center in Madhya Pradesh, presenting an attractive proposition for property investment. Buyers can envision developing this plot into a residential dwelling or a commercial venture, leveraging its location within the expanding city limits. The area benefits from developing infrastructure and accessibility, making it a promising prospect for long-term capital appreciation. The property is being auctioned by Canara Bank under the SARFAESI Act, indicating a clear title and a transparent sale process. This is a prime opportunity for new buyers to enter the real estate market in a region with demonstrable growth potential, offering a chance to build or invest in a property with a solid foundation.

This SARFAESI auction presents a compelling opportunity to acquire a residential plot in Seoni, Madhya Pradesh. The property is located in Mouza Babariya, falling under P.C.No. 105, with a surveyed area of 1920 sq.ft. (0.02 hectares) after mutation. The plot, identified by Khasra No. 162/7 within RIC Seoni 2, is situated in Tehsil and District Seoni. Its boundaries are clearly defined: a road to the north, plots numbered 63 & 64 to the south, plot number 77 to the east, and the house of Choudhari to the west. This strategic positioning in a developing area of Seoni offers significant potential for future growth and development. For interested buyers, the auction process requires the submission of applications by July 30, 2025, 05:00 PM. The bidding will take place on July 31, 2025, between 12:00 PM and 02:00 PM. The reserve price for this property is INR 43,02,000, with an Earnest Money Deposit (EMD) of INR 4,30,200 required to participate. For further inquiries, contact details for Canara Bank's Regional Office in Bhopal are provided.