Plot for auction Patel Mohalla, Babai Narmadapuram 43 lakh Bank of Baroda

Property for Auction in Babai(N), Narmadapuram, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
2700 sqft
Reserve Price
43,30,000
Reserve Price
43,30,000
EMD Required
4,33,000
Property Specifications
Size2700 sqft
Unit No.97/219
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Babai(N), Narmadapuram
Auction Date IconAuction Date:
24-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609004

Bank Name:Bank of Baroda

Branch Name:Bhopal

Reserve Price:43,30,000

EMD:4,33,000

Bid Increment:10,000

Auction Time:2:00 p.m. to 06:00 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:22-11-2025 05:00 PM

Bid Start Date:2025-11-24

Property Description

This auction features a prime plot of land located in Babai(N), Narmadapuram, Madhya Pradesh. Ideal for residential development, this asset is part of a SARFAESI auction conducted by Bank of Baroda. The property offers a significant opportunity for investors or individuals looking to build their dream home in a developing area. Situated in a strategic location within Narmadapuram, this land parcel presents excellent potential for future appreciation.

State:Madhya Pradesh

City:Narmadapuram

Area:Babai(N)

Asset Category:Residential

Full Address:97/219, Kh No. 97/219, Patel Mohalla, Ward No. 02, Babai, Tehsil-Babai, Distt. Narmadapuram, MP-451661, Patel Mohalla, Babai, Narmadapuram

Size:2700 sqft

Auction Description

Bank of Baroda presents a SARFAESI auction for a residential land parcel in Babai(N), Narmadapuram. The auction will commence on November 24, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price for this valuable asset is ₹43,30,000, with an Earnest Money Deposit (EMD) of ₹4,33,000 required. This is a fantastic opportunity to acquire property directly from the bank, offering clear titles and a transparent bidding process. Don't miss out on this chance to invest in Madhya Pradesh's growing real estate market.

Borrower Name:Shree Balaji Warehouse

Auction Type:SARFAESI Auction

Guarantor Names:Late Mr Suresh Chandra Joshi, Mr Ram Chandra Joshi, Mrs. Vidhya Joshi, Mr.Suresh Chandra Joshi, Mr. Utkarsh Joshi, Mr. Rakesh Joshi, Mrs. Rashmi Joshi

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property, a residential plot in Babai, Narmadapuram, offers a reasonable opportunity given its size and location. The reserve price seems fair, however potential investors should carefully consider the surrounding area and conduct due diligence. This represents a calculated opportunity with moderate risk factors.

Contact Details

Branch:Branch Office : Bhopal

Service Provider:BAANKNET

Contact Details:

Contact no:7247770078

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