Plot for auction Sukhlia Indore 23 lakh Union Bank of India

A prime residential plot located in the well-developed area of Sukhliya, Indore, Madhya Pradesh. This plot is part of a SARFAESI auction conducted by Union Bank of India. Situated in a desirable location, it offers excellent potential for residential development. The property is identified with a reserve price of ₹22,73,000.00 and requires an Earnest Money Deposit (EMD) of ₹2,27,300.00. This is a valuable opportunity for investors and individuals looking to build their dream home in a sought-after urban setting.

Union Bank of India presents a SARFAESI auction for a residential plot in Sukhliya, Indore, Madhya Pradesh. The auction will take place on December 11, 2025, commencing at 12:00 PM and concluding at 05:00 PM. The reserve price for this property is set at ₹22,73,000.00, with an EMD of ₹2,27,300.00 required to participate. This auction provides a transparent and competitive platform to acquire a plot in a recognized locality. Interested bidders are advised to review all auction terms and conditions prior to participation.

The plot offers a reasonable investment opportunity due to its location in Indore and relatively affordable reserve price. However, the symbolic possession and lack of specific details on the property's condition require careful consideration. This makes it a calculated opportunity with potential for growth but necessitates due diligence.