Property for Auction in Babai(N), Narmadapuram, Madhya Pradesh
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
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Bhopal
Service Provider:BAANKNET
Contact Details:
Contact no:7247770078