Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609537
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹16,54,500
EMD:₹1,65,450
Bid Increment:₹10,000
Auction Time:1:00 PM to 4.00 PM with auto extension of 10 minutes each till sale is completed.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-04-12
Bid Start Date:2025-12-05
Property Description
This is a bank auction property located in Pansal, Bhilwara, Rajasthan. The asset is a piece of land categorized as residential. It is being auctioned by Indian Overseas Bank under the SARFAESI Act.
State:Rajasthan
City:Bhilwara
Area:Pansal
Asset Category:Residential
Full Address:15, Plot/Patta No. 15, Pansal, Bhilwara, Rajastan, Pansal, Bhilwara
Size:1392 Sq.ft
Auction Description
Indian Overseas Bank is conducting an online SARFAESI auction for a plot of land in Pansal, Bhilwara, Rajasthan. The auction will be held on December 5, 2025, starting at 01:00 PM and closing at 04:00 PM. The reserve price for this residential land is INR 16,54,500, with an Earnest Money Deposit (EMD) of INR 1,65,450. This is an excellent opportunity to acquire land in Bhilwara.
Borrower Name:Mr. Jagdish Chandra Suwalka
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known to Authorised Officer
Why This Property
The property is a plot of land in Pansal, Bhilwara, offered at a reasonable reserve price. The 'Symbolic' possession status suggests potential complexities. The auction terms are standard, making it a calculated opportunity for local investors.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
