Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614298
Bank Name:Canara Bank
Branch Name:Regional Office : Bhopal
Reserve Price:₹4,05,000
EMD:₹40,500
Bid Increment:₹10,000
Service Provider:BAANKNET
Important Dates
Submission Date:21-11-2025 11:30 AM
Bid Start Date:2025-11-21
Property Description
This auction features a residential plot located in Sonpur, Chhindwara, Madhya Pradesh. The property is being auctioned by Canara Bank under the SARFAESI Act. This is a great opportunity to acquire land in a developing area of Chhindwara. Perfect for building your dream home or for investment purposes. Don't miss this chance to own a piece of Sonpur.
State:Madhya Pradesh
City:Chhindwara
Area:Sonpur
Asset Category:Residential
Full Address:69, Balaji Developers, Plot No.69, Khasra No.233/24, PH No.35/63, B No. 588, Balaji Developers, Near Pradhan Mantri Awas Yojana Imlikheda Road, Sonpur, Ward no.24, Sonpur, Chhindwara
Building/Society:Balaji Developers
Size:1000 sqft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Sonpur, Chhindwara, Madhya Pradesh. The reserve price for this auction is ₹4,05,000, with an Earnest Money Deposit (EMD) of ₹40,500 required. The auction will take place on November 21, 2025, starting at 12:00 PM and concluding at 01:00 PM. This is a sealed bid auction, offering a transparent and competitive bidding process. Secure your bid and explore this investment opportunity.
Borrower Name:Smt.Laxmi Prajapati
Auction Type:SARFAESI Auction
Guarantor Names:Shri. Manoj Kumar, Shri. Kallu Prasad
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Sonpur, near a developing area like Pradhan Mantri Awas Yojana, suggests potential for future appreciation. The reserve price and EMD are reasonable, but a detailed assessment of local market conditions is recommended before bidding. Given the property type and price, this represents a calculated investment opportunity.
Contact Details
Branch:Branch Office : Regional Office : Bhopal
Service Provider:BAANKNET
Contact Details:
Contact no: —
