Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614296
Bank Name:Canara Bank
Branch Name:Regional Office : Bhopal
Reserve Price:₹9,78,000
EMD:₹97,800
Bid Increment:₹10,000
Auction Time:12:00 PM to 1:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-21
Property Description
A prime commercial shop located in Hoshangabad, Bhopal, Madhya Pradesh, is being auctioned by Canara Bank. This asset, previously owned by M/s Shree Ram Construction, falls under the SARFAESI Act. The property type is a commercial shop, offering significant potential for business ventures in a well-connected area. Ideal for investors or entrepreneurs looking for a strategic location in Bhopal.
State:Madhya Pradesh
City:Bhopal
Area:Hoshangabad
Asset Category:Commercial
Full Address:L-13, Amrit Parisar, Shop No. L-13 out of Diverted Survey No. 368/3 Amrit Parisar Mouja Malakhedi Ward No. 8 Hoshangabad M.P. 461001, Malakhedi, Hoshangabad
Building/Society:Amrit Parisar
Auction Description
Canara Bank is conducting a SARFAESI auction for a commercial shop in Hoshangabad, Bhopal, Madhya Pradesh. The auction will commence on November 21, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price is set at 978,000.0, with an Earnest Money Deposit (EMD) of 97,800.0 required to participate. This is a unique opportunity to acquire a commercial property through a transparent auction process.
Borrower Name:M/s Shree Ram Construction
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Anil Ahirwar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This commercial shop in Hoshangabad presents a calculated opportunity due to its location and price point. While the area details are not specified, the reserve price of ₹978000.0 and the availability through bank auction make it a potentially worthwhile investment. Further due diligence on location specifics and market conditions is advised.
Contact Details
Branch:Branch Office : Regional Office : Bhopal
Service Provider:BAANKNET
Contact Details:
Contact no:7080725570
