Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609261
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:2023-12-28
Property Description
This is a residential plot located in Garj Rajgarh, Rajgarah, Madhya Pradesh. The plot is being auctioned by Phoenix ARC Private Limited as part of a SARFAESI auction. This is a great opportunity to acquire land in a developing area. The property is suitable for residential development.
State:Madhya Pradesh
City:Rajgarah
Area:Garj Rajgarh
Asset Category:Residential
Full Address:52, Raghunath Garj Rajgarh B/H Police Line Rajgarh Rajgarh 465691 Madhya Pradesh India, Garj Rajgarh, Rajgarh
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential plot in Garj Rajgarh, Rajgarah, Madhya Pradesh. The auction will take place on November 24, 2025, starting at 11:00 AM and ending at 02:00 PM. The reserve price is 100,000.0, with an Earnest Money Deposit (EMD) of 10,000.0. This is a sealed bid auction. Property ID: [Insert Property ID if available]. Contact the bank for further details and bidding procedures.
Borrower Name:Gore Lal Rateemram Tanwar
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a developing area with a reasonable reserve price. While the location might not be prime, the low entry cost and potential for future development make it a calculated opportunity for investors. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
