Plot for auction 8 Sapphire Apartment, Indore, Indore by UCO Bank

Property for Auction in Indore, Indore, Madhya Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
Indore, Indore
Auction Date IconAuction Date:
28-03-2025 01:00 PM

Auction Details

Auction ID:472005

Bank Name:UCO Bank

Branch Name:AMB Branch Mumbai

Reserve Price:18,20,00,000

EMD:1,82,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:27-03-2025 10:52 AM

Bid Start Date:28-03-2025 01:00 PM

Property Description

Residential/Commercial plot in the form of a long strip located at Part No. 1 of Plot No. 8 (Plot No. 8/1/1, 8/1/2, 8/1/3 & 8/1/4), M.G. Road, Near Chetak Arch/Sapphire Apartment, Indore-452001. Admeasuring: 557.62 Sq. mtr. (6000 Sq.ft.), Owned by: M/s Magnificent Hotel Pvt. Ltd., Boundaries: North: MG Road, South: Road, East: Plot no 8/2. West: Plot No. 7A & House of Mrs. Ratan Bai Tongia & All that piece and parcel of Residential/Commercial plot in the form of a long strip located at Part No. 4 & 5 of Plot No.8 (Plot no. 8/4/1,8/4/28/4/3 8/4/4, 8/5/1, 8/5/2, 8/5/3 & 8/5/4). M.G. Road. Near Chetak Arch Sapphire Apartment, Indore-452001, Admeasuring: 1115.24 Sq. mtr. (12000 Sq/ft.), Owned by: M/s Sunstar Infrastructure Pvt. Ltd. (formerly known as M/s Magnificent Investments Pvt. Ltd.), Boundaries: North: MG Road. South: Road, East: Remaining part of Plot No. 8/3. West: Remaining parts of Plot No. 8/6, 8/8/9 and 8/10

State:Madhya Pradesh

City:Indore

Area:Indore

Asset Category:Residential

Auction Description

UCO Bank is conducting a SARFAESI auction for a Residential Plot in Indore, Madhya Pradesh. The property is located at M.G. Road, Near Chetak Arch/Sapphire Apartment, Indore-452001. It comprises two parts: Part No. 1 of Plot No. 8 (Plot No. 8/1/1, 8/1/2, 8/1/3 & 8/1/4) admeasuring 557.62 Sq. mtr. (6000 Sq.ft.), owned by M/s Magnificent Hotel Pvt. Ltd., and Part No. 4 & 5 of Plot No.8 (Plot no. 8/4/1,8/4/2,8/4/3, 8/4/4, 8/5/1, 8/5/2, 8/5/3 & 8/5/4) admeasuring 1115.24 Sq. mtr. (12000 Sq/ft.), owned by M/s Sunstar Infrastructure Pvt. Ltd. The boundaries for the first part are: North: MG Road, South: Road, East: Plot no 8/2, West: Plot No. 7A & House of Mrs. Ratan Bai Tongia. The boundaries for the second part are: North: MG Road, South: Road, East: Remaining part of Plot No. 8/3, West: Remaining parts of Plot No. 8/6, 8/8/9 and 8/10. The reserve price is 182,000,000.00 and the EMD is 18,200,000.00. The auction will be conducted by BAANKNET from AMB Branch Mumbai on March 28, 2025, between 01:00 PM and 06:00 PM. The application submission deadline is March 27, 2025, 10:52 AM. For inquiries, contact Meenor V Bhivgade at 8928909653.

Borrower Name:M/s Zoom Developers Pvt.Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact No : Meenor V Bhivgade 8928909653

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