Shop for auction 10 Commercial Basement shop situated At Nag, Khargone, Indore by PNB

Property for Auction in Khargone, Indore, Madhya Pradesh

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Khargone, Indore
Auction Date IconAuction Date:
06-03-2025 11:00 AM

Auction Details

Auction ID:439613

Bank Name:Punjab National Bank

Branch Name:Circle Sastra Centre

Reserve Price:45,49,000

EMD:4,55,000

Service Provider:BAANKNET

Important Dates

Submission Date:05-03-2025 05:00 PM

Bid Start Date:06-03-2025 11:00 AM

Property Description

Commercial Basement shop situated At Nagar Palika Nigam, ward No. 10, Mali Mohalla, Mansi Plaza, Birta Marg, Khargone, Distt: Khargone (MP) Area-361.13Sq Ft. Boundaries:- East: Passage then Birla Marg, West: Sugandhi Shop, North Khode Plara, South: Manmohan & Praveen Mahajan's Shop Owned by: Niesh Mahajan Sio Suresh Chand Mahajan (Guarantor)

State:Madhya Pradesh

City:Indore

Area:Khargone

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction for a Commercial Basement shop located in Khargone, Indore, Madhya Pradesh. The property is situated at Nagar Palika Nigam, ward No. 10, Mali Mohalla, Mansi Plaza, Birta Marg, Khargone. The area of the shop is 361.13 Sq Ft. The boundaries are: East: Passage then Birla Marg, West: Sugandhi Shop, North: Khode Plara, South: Manmohan & Praveen Mahajan's Shop. The property is owned by Niesh Mahajan S/o Suresh Chand Mahajan (Guarantor), and the borrower is M/s Varun Garments. The auction is being conducted by Punjab National Bank through BAANKNET. The reserve price is 45,49,000.00 and the EMD is 4,55,000.00. The auction starts on 06-03-2025 at 11:00 AM and ends on 06-03-2025 at 04:00 PM. Applications for the auction must be submitted by 05-03-2025 05:00 PM.

Borrower Name:M/s Varun Garments

Auction Type:SARFAESI Auction

Contact Details

Contact No : 886678833, 9111401110

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