Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611885
Bank Name:Canara Bank
Branch Name:Regional Office Ujjain
Reserve Price:₹10,88,000
EMD:₹1,08,800
Bid Increment:₹10,000
Auction Time:12:00 PM to 2:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a residential plot located in Dharampuri, Dhar, Madhya Pradesh, part of a SARFAESI auction conducted by Canara Bank. The property is being auctioned due to default by the borrower, Mr. Kailash Chandra Dawer. This presents an opportunity to acquire a plot in a developing area.
State:Madhya Pradesh
City:Dhar
Area:Dharampuri
Asset Category:Residential
Full Address:A-25, Plot No.A-25 Survey No.115/5, Ward No. 05 Behind Forest Deptartment, Village Guljhara, Dhamnod Tehsil Dharmpuri Distt. Dhar (M.P.) Pin-454552, Guljhara, Dhamnod, Dhar
Size:750 Sqft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Dharampuri, Dhar, Madhya Pradesh. The auction has a reserve price of ₹10,88,000 and an EMD of ₹1,08,800. The auction will take place online on November 21, 2025, starting at 12:00 PM and concluding at 02:00 PM. Interested bidders are advised to review all auction terms and conditions on the bank's portal.
Borrower Name:Mr. Kailash Chandra Dawer
Auction Type:SARFAESI Auction
Guarantor Names:Sohan Singh Dawer
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a developing area with a reasonable reserve price. The auction terms are standard, and while not a prime investment, it offers a calculated opportunity for those familiar with the local market and willing to take a moderate risk. The location and size make it suitable for various purposes, adding to its potential.
Contact Details
Branch:Branch Office : Regional Office Ujjain
Service Provider:BAANKNET
Contact Details:
B Jeyaseelan
Contact no:9425302389
