Plot for auction Akoliya Pithampur 13 Cr LIC Housing Finance Ltd

Property for Auction in Pithampur, Dhar, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Reserve Price
12,55,00,000
Reserve Price
12,55,00,000
EMD Required
1,25,50,000
Property Specifications
Unit No.55/1/1 and 55/1/2
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Pithampur, Dhar
Auction Date IconAuction Date:
19-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:610358

Bank Name:LIC Housing Finance Ltd

Branch Name:Bhopal

Reserve Price:12,55,00,000

EMD:1,25,50,000

Auction Time:12.00 PM to 3.00 PM

Service Provider:Auctionbazaar

Important Dates

Submission Date:2025-11-17

Bid Start Date:2025-11-19

Property Description

A prime residential plot located in the industrial hub of Pithampur, Dhar, Madhya Pradesh. This asset, previously under the ownership of Mrs. Vanita Agrawal, presents a unique investment opportunity in a rapidly developing region. The plot is ideal for residential development or commercial use, benefiting from the robust infrastructure and economic activity characteristic of Pithampur. Its strategic location offers excellent connectivity and access to essential amenities. Suitable for developers and individual buyers looking for land with significant growth potential.

State:Madhya Pradesh

City:Dhar

Area:Pithampur

Asset Category:Residential

Full Address:55/1/1 and 55/1/2, Plot no. 55/1/1 and 55/1/2, Gram Akoliya, Ward no. 15, Circle No. 04, Patwari Halka No. 60, SagorKuti, Pithampur, Dhar, M.P., Akoliya, Pithampur

Auction Description

LIC Housing Finance Ltd is conducting a SARFAESI auction for a valuable residential plot in Pithampur, Dhar, Madhya Pradesh. The auction features a competitive reserve price of INR 12,55,00,000 with an Earnest Money Deposit (EMD) of INR 1,25,50,000. This is a significant opportunity for investors and developers to acquire a substantial plot in a key industrial and residential area. The auction will be held online, commencing on November 19, 2025, at 12:00 PM and concluding at 03:00 PM on the same day. Ensure all pre-auction requirements are met to participate in this exclusive sale.

Borrower Name:Mrs Vanita Agrawal

Auction Type:SARFAESI Auction

Guarantor Names:Mr Manish Agrawal

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a large plot in a developing industrial area, Pithampur. The reserve price is substantial, requiring significant investment. The 'Symbolic' possession status adds a layer of complexity, meriting a 'Calculated Opportunity' recommendation.

Contact Details

Branch:Branch Office : Bhopal

Service Provider:Auctionbazaar

Contact Details:

RAHUL THAPA

Contact no: —

Discover Similar Auctions

Videos