Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:609197
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹1,00,000
EMD:₹10,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2017-11-23
Bid Start Date:2017-12-13
Property Description
This is a residential plot located in Gairatganj, Raisen, Madhya Pradesh. The property is being auctioned by Phoenix ARC Private Limited under the SARFAESI Act. The borrower is Rajkumar Varelal Yadav. This is a great opportunity to acquire land in a developing area of Madhya Pradesh. The plot is suitable for residential development.
State:Madhya Pradesh
City:Raisen
Area:Gairatganj
Asset Category:Residential
Full Address:284, Part of Kh No/39/1/1 Gairatganj, Gairatganj, Raisen
Auction Description
Phoenix ARC Private Limited is conducting an e-auction for a residential plot in Gairatganj, Raisen, Madhya Pradesh. The auction will be held on November 24, 2025, from 11:00 AM to 02:00 PM. The reserve price is ₹100,000 and the Earnest Money Deposit (EMD) is ₹10,000. This SARFAESI auction offers a chance to purchase a plot directly from the bank. Interested bidders are encouraged to review all auction documents and terms before participating.
Borrower Name:Rajkumar Varelal Yadav
Auction Type:SARFAESI Auction
Guarantor Names:Swati Rajkumar Yadav
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land located in Gairatganj, Raisen. The reserve price is relatively low, but the lack of specific details about the plot size and location warrants caution. It's a calculated opportunity suitable for investors familiar with the local market.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
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