Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609196
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹2,50,000
EMD:₹25,000
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 is a residential plot located in Gairatganj, Raisen, Madhya Pradesh. The property is being auctioned by Phoenix ARC Private Limited. The borrower associated with this asset is Mukesh Madhukar Pawar. This is an opportunity to acquire land in a developing area within the state of Madhya Pradesh.
State:Madhya Pradesh
City:Raisen
Area:Gairatganj
Asset Category:Residential
Full Address:12, Ramdev Nagar Village Gaiju Pipaliya, Ward No 17, Tohsil-Goharganj Dist-Raisen 462046 Madhya Pradesh, Gairatganj, Raisen
Size:0/85 rakba
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, from 11:00 AM to 02:00 PM. The reserve price is ₹2,50,000, with an EMD of ₹25,000 required to participate. Interested bidders should prepare to submit their offers within the specified auction period.
Borrower Name:Mukesh Madhukar Pawar
Auction Type:SARFAESI Auction
Guarantor Names:Madhukar Danaje Pawar
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a rural area, which may limit its immediate development potential. However, the low reserve price of ₹250000 could present a long-term investment opportunity. Further due diligence is recommended to assess local market conditions and potential.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
