Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609191
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹2,40,000
EMD:₹24,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2023-11-23
Bid Start Date:2023-12-26
Property Description
Phoenix ARC Private Limited presents a valuable plot of land for auction in the city of Sagar, Madhya Pradesh. This residential plot offers a prime opportunity for development or investment in a growing area. The property is being auctioned under the SARFAESI Act.
State:Madhya Pradesh
City:Sagar
Area:Sagar
Asset Category:Residential
Full Address:Ward No 9. Sardar Ballabh Bhai Ward, Durga Nagar, Near Railway Line Durga Nagar470002 Sagar sagar Madhya Pradesh India, Durga Nagar, Sagar
Auction Description
This SARFAESI auction, conducted by Phoenix ARC Private Limited, features a residential plot in Sagar, Madhya Pradesh. The auction will commence on November 24, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price is set at ₹2,40,000, with an Earnest Money Deposit (EMD) of ₹24,000 required. This is a unique chance to acquire property directly from the bank.
Borrower Name:Krishnakumar Ram Manohar Mishra
Auction Type:SARFAESI Auction
Guarantor Names:Seema Kumar Mishra
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Sagar offers a potentially good investment opportunity at a low reserve price. The location has decent accessibility, but lacks clear dimensions, which is a risk factor. Overall, it is a calculated opportunity given its price point and location.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
