Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612190
Bank Name:LIC Housing Finance Ltd
Branch Name:Bhopal
Reserve Price:₹16,15,000
EMD:₹1,61,500
Auction Time:1:00 PM to 3:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-11
Property Description
This is a residential plot located in the Katanga area of Jabalpur, Madhya Pradesh. The property is being auctioned by LIC Housing Finance Ltd. It presents an opportunity for development or investment in a growing city.
State:Madhya Pradesh
City:Jabalpur
Area:Katanga
Asset Category:Residential
Full Address:48, Balaji Premium, Plot No 48, Balaji Premium, Mouza Soortalai, Part of KH No 83/1, PH No 75, Katangi Road, Jabalpur, 482007, M.P., Katangi Road, Jabalpur
Building/Society:Balaji Premium
Auction Description
LIC Housing Finance Ltd is conducting a SARFAESI auction for a residential plot in Katanga, Jabalpur. The auction will take place on December 11, 2025, between 1:00 PM and 3:00 PM. The reserve price is ₹16,15,000, with an EMD of ₹1,61,500 required to participate. This is a valuable opportunity to acquire property through a public auction.
Borrower Name:Mr. Mukesh Kumar Birha
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vinod
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This land in Katanga, Jabalpur offers a good opportunity given its price point and location, however, potential investors should conduct thorough due diligence. The location and reserve price makes it a calculated risk with potential for reasonable returns. Terms of auction and associated costs should be carefully evaluated.
Contact Details
Branch:Branch Office : Bhopal
Service Provider:Auctionbazaar
Contact Details:
PAWAN NIGAM
Contact no:8349973965
