Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609717
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Chennai
Reserve Price:₹46,00,000
EMD:₹4,60,000
Bid Increment:₹50,000
Auction Time:11:00 am to 1:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
A parcel of land located in Sendhwa (BARWANI), Barwani, Madhya Pradesh, designated for residential use. This asset is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. The property is associated with borrower CHETAN MOMAYA. This is a prime opportunity to acquire land in a developing area of Madhya Pradesh.
State:Madhya Pradesh
City:Barwani
Area:Sendhwa(BARWANI)
Asset Category:Residential
Full Address:Nagar Palika Sendhwa Ward No. 23, Settlement No.209, Register No.672, Saraswati Colony, Gram & Tehsil Sendhwa, Saraswati Colony, Sendhwa
Size:1540 sq.ft
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential land parcel in Sendhwa (BARWANI), Barwani, Madhya Pradesh. The reserve price for this auction is INR 46,00,000, with an Earnest Money Deposit (EMD) of INR 4,60,000 required. The auction will take place on December 3, 2025, commencing at 11:00 AM and concluding at 01:00 PM. Don't miss this chance to bid on this valuable land.
Borrower Name:CHETAN MOMAYA
Auction Type:SARFAESI Auction
Guarantor Names:HARISH COLLECTION, MINAKSHI MUJALDA
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land in Sendhwa, which presents a moderate investment opportunity. The reserve price seems reasonable given the location. However, prospective buyers should conduct thorough due diligence regarding the land's legal status and potential use.
Contact Details
Branch:Branch Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Muhammed Rahees
Contact no:8124000030
