Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609265
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹4,00,000
EMD:₹40,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2023-11-23
Bid Start Date:2023-11-24
Property Description
This auction features a residential plot located in Sagar, Madhya Pradesh. The property, associated with the borrower Mohit Manoj Soni, is being offered by Phoenix ARC Private Limited under SARFAESI provisions. It represents a prime opportunity to acquire land in the Sagar area.
State:Madhya Pradesh
City:Sagar
Area:Sagar
Asset Category:Residential
Full Address:Kh. No 162/8, Ph No-64, Ward No-48, Ambetkar Ward, Near Balaji Mandir, Sagar, Madhya Pradesh-470002, Ambetkar Ward, Sagar
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential plot in Sagar, Madhya Pradesh. The auction will take place on November 24, 2025, starting at 11:00 AM and concluding at 02:00 PM. The reserve price is set at ₹4,00,000, with an Earnest Money Deposit (EMD) of ₹40,000 required to participate.
Borrower Name:Mohit Manoj Soni
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Sagar, Madhya Pradesh, offering potential for development. With a reasonable reserve price and EMD, it presents a calculated opportunity for those familiar with the local market. The location within Ambetkar Ward adds to its appeal, but further due diligence is recommended.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
