ResidentialUpcoming auctionVerified listing
Residential in Indore
Indore, Indore
Reserve price
₹22.42 L
Auction date
10 Mar 2026
11:00 AM
EMD deadline
10 Mar 2026
4:59 PM
Bid increment
₹25,000.00
Location details
Property Address
Swarna Sagar Palace, Plot no S-2, Sarvodaya Nagar, Scheme no.31, Indore (MP)- 452001
Locality: Indore
City: Indore
District: Indore
State: Madhya Pradesh
Pin Code: 452001
Country: India
Nearest Airport / Railway Station / Bus Stand
Indore
Carpet Area: 1260 sq ft
Price per Sq Ft: ₹1,780
Facing: South
Floor: 1
Rooms: 2
Furnished: Unfurnished
Age of Construction: 15 years
Unit of Measure: square feet
Auction timeline
Auction starts
10 Mar 2026 at 11:00 AM
Auction ends
10 Mar 2026 at 5:00 PM
EMD submission deadline
10 Mar 2026 at 4:59 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Residential
Sub Type
Flat
Area
1260 sq ft
(Carpet)Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Price per Sq Ft
₹1,780
Property Price
₹22.42 L
Property Identifiers
Bank Property ID
BKID000000254
CERSAI ID
200009148516
Collateral ID
VWA22093467
Property Images
Borrower & Loan details
Borrower Name
M/s Lucky Traders
Registered Address of Borrower
Shop no. 8/10 Warehouse Road, Sardar Patel Bridge, Siyaganj
District Indore M.P 452002
Owner
Shri Jayantilal Sanghvi S/o Sardarmal Sanghvi
Ownership of Property
Borrower
Co-Borrower(s)
Mr Jayantilal Sanghvi s/o Sardarmal Sanghvi
NPA Amount
₹1.59 Cr
NPA Date
30 Sept 2016
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
VWA22093467
Customer ID
151450142
Demand Notice
Notice Date
02 Jan 2018
Notice Amount
₹1.59 Cr
Asset Classification
Classification Date
26 Sept 2025
Classification ID
5
Possession Dates
Symbolic
03 Apr 2018
Additional details
Property USP
Under SARFAESI
Other Details
Residential Flat
Description
Flat no 101, First Floor, Swarna Sagar Palace, Plot no S-2, Sarvodaya Nagar, Scheme no.31, Indore (MP)- 452001 admeasuring 1260 square feet, owned by Shri Jayantilal Sanghvi S/o Sardarmal Sanghvi.
EMD Schedule
EMD Start
16 Feb 2026
7:06 PM
EMD Deadline
10 Mar 2026
4:59 PM
Payment Deadline
10 Mar 2026
Inspection Schedule
Inspection Start
09 Mar 2026
11:00 AM
Inspection End
09 Mar 2026
4:00 PM
Officer Details
Authorized Officer
Vikas Kumar
CHIEF MANAGER
Dealing Officer
VIKAS KUMAR, CHIEF MANAGER
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
VWA22093467
CERSAI ID
200009148516
Property ID
BKID000000254
Nearby Amenities
Nearest Station
Indore
Property Images
Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH INDORE
IFSC: BKID
Bank contact
+91 73124 45122+91 95685 86767
Branch Address
Bank Of India, Zonal Office, Plot No.9, RC Scheme No 134, MR 10 Road, IndoreBranch IFSC
BKID0008930Department
ASSET RECOVERY BRANCH INDORE