Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609842
Bank Name:ICICI Bank
Branch Name:Zonal Office : Jabalpur
Reserve Price:₹15,50,000
EMD:₹1,55,000
Auction Time:11:30 AM Onwards
Service Provider:disposalhub.com
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-22
Property Description
This is a residential plot located in Jabalpur, Madhya Pradesh, being auctioned by ICICI Bank. The property is offered under the SARFAESI Act. It presents a valuable opportunity for investment in a developing area.
State:Madhya Pradesh
City:Jabalpur
Area:Jabalpur
Asset Category:Residential
Full Address:Mouza Madal, NB 665, PHΝ 21 Richhai Colony, Kh No 204 205 209 210, Madhya Pradesh, Jabalpur-482002, Richhai Colony, Jabalpur
Size:1120 Sq Feet
Auction Description
ICICI Bank is conducting a SARFAESI auction for a residential plot in Jabalpur, Madhya Pradesh. The auction will commence on November 22, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price is set at INR 15,50,000, with an Earnest Money Deposit (EMD) of INR 1,55,000 required to participate. This is a significant opportunity to acquire property in Jabalpur through a transparent bank auction process.
Borrower Name:Mr Mohd Afjal Chisthy
Auction Type:SARFAESI Auction
Guarantor Names:Salma Chisthy, Salma Bee
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in Jabalpur, offered at a reserve price of ₹1550000.0. While the location is specified, further due diligence is needed to ascertain local market conditions and growth potential. The auction terms are standard, making it a calculated opportunity for informed investors.
Contact Details
Branch:Branch Office : Zonal Office : Jabalpur
Service Provider:disposalhub.com
Contact Details:
Contact no:9425815565
