Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:609719
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Chennai
Reserve Price:₹14,50,000
EMD:₹1,45,000
Bid Increment:₹50,000
Auction Time:11:00 am to 1:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a land auction for a residential property located in Badnawar, Dhar, Madhya Pradesh. The property is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. This is a great opportunity to acquire land in a developing area.
State:Madhya Pradesh
City:Dhar
Area:Badnawar
Asset Category:Residential
Full Address:Abadi Area of Village Gajnod, PH.NO.68, Tehsil Badnawar, Gajnod, Dhar
Size:400 sq.ft
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential land parcel in Badnawar, Dhar, Madhya Pradesh. The reserve price for this auction is ₹14,50,000.0, with an Earnest Money Deposit (EMD) of ₹1,45,000.0. The auction will take place on December 3, 2025, starting at 11:00 AM and concluding at 01:00 PM. Don't miss this chance to bid on this valuable asset.
Borrower Name:LOKESH SHARMA
Auction Type:SARFAESI Auction
Guarantor Names:SHREE CHAMUNDA KRASHI YANTRA, MANJU BAI SHARMA, VIJAY SHARMA
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small plot of land in a rural area. The reserve price seems reasonable, and the auction terms are standard. This could be a calculated opportunity for local investors or individuals looking for a small land investment.
Contact Details
Branch:Branch Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Muhammed Rahees
Contact no:8124000030
