Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:609193
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:2023-11-23
Bid Start Date:2023-12-13
Property Description
A residential plot located in Gairatganj, Raisen, Madhya Pradesh. This property is being auctioned by Phoenix ARC Private Limited under the SARFAESI Act. The plot offers a potential opportunity for development or investment in a growing region. The reserve price is ₹100,000.00 with an Earnest Money Deposit (EMD) of ₹10,000.00 required to participate.
State:Madhya Pradesh
City:Raisen
Area:Gairatganj
Asset Category:Residential
Full Address:93 And 94, Village Bandoli, Nr Shiv Mandir, Tohsil Gairatganj Distt Raisen 464881 Madhya Pradesh, Gairatganj, Raisen
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential plot in Gairatganj, Raisen, Madhya Pradesh. The auction will take place on November 24, 2025, starting at 11:00 AM and concluding at 02:00 PM on the same day. Bidders must submit an EMD of ₹10,000.00 to participate. The property, formerly belonging to Kamlesh Vishvkarma, has a reserve price of ₹100,000.00.
Borrower Name:Kamlesh Vishvkarma
Auction Type:SARFAESI Auction
Guarantor Names:Sushila Bai Vishvkarma
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a low entry price for a plot of land in a developing area. However, limited information and potential encumbrances suggest a cautious approach. It's a calculated opportunity for those willing to invest time in due diligence.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
