Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611751
Bank Name:Bank of Baroda
Branch Name:Regional Office : Raipur
Reserve Price:₹20,25,000
EMD:₹2,02,000
Bid Increment:₹5,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-24
Property Description
This auction features a vehicle located in Tatobandh, Raipur, Chhattisgarh. The property is being auctioned by Bank of Baroda under the SARFAESI Act. The vehicle belongs to Mr. Pankaj Kashyap and is available for bidding.
State:Chhattisgarh
City:Raipur
Area:Tatobandh
Asset Category:Vehicle Auctions
Full Address:Tatobandh, Raipur, Chhattisgarh, Tatobandh, Raipur
Auction Description
Bank of Baroda presents a SARFAESI auction for a vehicle in Tatobandh, Raipur, Chhattisgarh. The auction will be held on November 24, 2025, starting at 2:00 PM and concluding at 6:00 PM. The reserve price is INR 2,025,000, with an Earnest Money Deposit (EMD) of INR 202,000 required to participate.
Borrower Name:Mr. Pankaj Kashyap
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vasudev Kashyap
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vehicle, which presents a specific type of investment opportunity. Located in Raipur, the reserve price and EMD seem reasonable, but further investigation into the vehicle's condition and market value is crucial. This auction requires a calculated approach due to the nature of the asset.
Contact Details
Branch:Branch Office : Regional Office : Raipur
Service Provider:BAANKNET
Contact Details:
Authorised Officer
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