Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609190
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹4,00,000
EMD:₹40,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2023-11-23
Bid Start Date:2017-12-13
Property Description
This is a prime plot of land located in Jabalpur, Madhya Pradesh. Situated in the Jabalpur area, this residential plot offers a fantastic opportunity for development or investment. The property is part of a SARFAESI auction conducted by Phoenix ARC Private Limited.
State:Madhya Pradesh
City:Jabalpur
Area:Jabalpur
Asset Category:Residential
Full Address:87, Plot No 87 Nb No 162 Kh No 662/21 Rnm PH No 7 Mouza Purwa Teh & Distt Jabalpur Now Shastri Nagar Colony Tripuri Ward Nr Jain Mandir 482003 Jabalpur Madhya Pradesh, Shastri Nagar Colony, Jabalpur
Auction Description
Phoenix ARC Private Limited is holding a SARFAESI auction for a residential plot in Jabalpur, Madhya Pradesh. The auction begins on November 24, 2025, at 11:00 AM and concludes at 02:00 PM on the same day. The reserve price for this plot is ₹400,000, with an Earnest Money Deposit (EMD) of ₹40,000. This is a valuable opportunity to acquire property in Jabalpur.
Borrower Name:Purooshottam Rajkumar Patel
Auction Type:SARFAESI Auction
Guarantor Names:Sarooshtam Patel
Why This Property
The property presents a moderate investment opportunity due to its location in Jabalpur. The relatively low reserve price and EMD make it accessible, but further due diligence is needed to assess the full potential of the plot and the terms of the auction.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
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