Plot for auction Banera Bhilwara 4 Cr Edelweiss Asset Reconstruction Company Limited

A prime plot of land located in the Tehsil Banera area of Bhilwara, Rajasthan, is up for auction. This residential plot offers a significant opportunity for development or investment in a growing region. Situated in a well-connected area, the property boasts potential for various uses. Mr. Ram Sawaroop Bhandari is the borrower associated with this asset. The property is being auctioned by Edelweiss Asset Reconstruction Company Limited under the SARFAESI Act.

Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a valuable plot in Tehsil Banera, Bhilwara, Rajasthan. The auction will take place on December 5, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this plot is ₹3,65,00,000, with an Earnest Money Deposit (EMD) of ₹36,50,000 required to participate. This is a unique chance to acquire a significant asset in a developing locale.

The property is a plot of land in a developing area, which may offer good long-term potential. However, the relatively high reserve price warrants careful evaluation of the local market conditions and future development prospects before investing.