Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:609236
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹72,000
EMD:₹7,200
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2023-11-23
Bid Start Date:2023-12-28
Property Description
This is a residential plot located in Raghogarh, Guna, Madhya Pradesh. The property is being auctioned by Phoenix ARC Private Limited under the SARFAESI Act. It presents an opportunity to acquire land in a developing area of Madhya Pradesh. The plot is suitable for residential development. The auction is conducted by Phoenix ARC Private Limited.
State:Madhya Pradesh
City:Guna
Area:Raghogarh
Asset Category:Residential
Full Address:Survey No.52/Min-1 Min-1 P.HNo.5 Ward No.22 Gram Naroni Raghogarh Dist Guna 473110, Raghogarh, Guna
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential plot in Raghogarh, Guna, Madhya Pradesh. The auction will commence on November 24, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price for this plot is INR 72,000, with an Earnest Money Deposit (EMD) of INR 7,200 required. This is a legal auction proceeding under the SARFAESI Act.
Borrower Name:Atal Bihari Ashok Kumar Sharma
Auction Type:SARFAESI Auction
Guarantor Names:Rajkumari Atal Bihari Sharma
Why This Property
The property, a plot in Raghogarh, presents a calculated opportunity. The reserve price is relatively low. However, limited details and the rural location suggest a need for thorough due diligence before investing.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
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