Shop for auction Anand Nagar Raigarh 17 lakh ICICI Bank

This is a commercial shop located in the bustling Anand Nagar area of Raigarh, Chhattisgarh. The property is being auctioned by ICICI Bank as part of a SARFAESI action. It presents a significant opportunity for business owners or investors looking to establish or expand their presence in a commercially active region. The property type is specifically a commercial shop, suitable for various retail or service-based businesses. Its location in Raigarh, a growing city in Chhattisgarh, adds to its potential value and accessibility.

ICICI Bank is conducting a SARFAESI auction for a commercial shop in Anand Nagar, Raigarh, Chhattisgarh. The auction will commence on November 19, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this valuable commercial asset is set at 16,50,000.00, with an Earnest Money Deposit (EMD) of 1,65,000.00 required to participate. This is a prime opportunity to acquire commercial property in a developing area, previously owned by M/s. Matoshree Enterprises.

The property is a commercial shop in Raigarh with a reasonable reserve price. However, the basement location might limit its appeal. Consider the local market conditions before bidding.