Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609074
Bank Name:Aavas Financiers Limited
Branch Name:Mansarovar Industrial Area, Jaipur
Reserve Price:₹15,99,000
EMD:₹1,59,900
Auction Time:11.00 AM to 01.00 PM
Service Provider:Public Auction
Important Dates
Submission Date:26-11-2025 05:00 PM
Bid Start Date:2025-11-27
Property Description
This is a vacant plot located in Mauja-itarsi, Hoshangabad, Madhya Pradesh. The property is categorized as residential and is being auctioned by Aavas Financiers Limited under SARFAESI norms. It offers a potential opportunity for development or investment in a growing region.
State:Madhya Pradesh
City:Hoshangabad
Area:Mauja-itarsi
Asset Category:Residential
Full Address:7/3, PLOT NO. 7/3-MEHRAGOAN, AASFABAD, OLD WARD NO. 26, NEW WARD NO. 30, KH NO. 111/2/40, SHEET NO. 36, HARIPURA, ITARSI, DIST-HOSHANGABAD, (M.P) PIN-461122, AASFABAD, Hoshangabad
Size:390 SQ.FT
Auction Description
Aavas Financiers Limited is conducting an online SARFAESI auction for a residential plot in Mauja-itarsi, Hoshangabad, Madhya Pradesh. The auction will commence on November 27, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price is set at INR 15,99,000, with an Earnest Money Deposit (EMD) of INR 1,59,900 required to participate. This auction presents an opportunity to acquire a plot situated in a key location within the state.
Borrower Name:Mr CHANDRA KHILWANI
Auction Type:SARFAESI Auction
Guarantor Names:NEETU KHILWANI, MANOJ KHILWANI
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a developing area, offering potential for future appreciation. The reserve price seems reasonable, but due diligence is crucial to assess local market conditions. This represents a calculated opportunity for investors familiar with the region.
Contact Details
Branch:Branch Office : Mansarovar Industrial Area, Jaipur
Service Provider:Public Auction
Contact Details:
Ajay Lovanshi
Contact no:9251644596
