Property for Auction in Pithampur, Dhar, Madhya Pradesh
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
Submission Date:2025-11-17
Bid Start Date:2025-11-19
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Bhopal
Service Provider:Auctionbazaar
Contact Details:
RAHUL THAPA
Contact no: —