Commercial Details
MG ROAD INDORE — Part No. 1 of Plot No. 8 (Plot no. 8/1/1, 8/1/2, 8/1/3 & 8/1/4), M.G. Road, near Chetak Arch/Sapphire Apartment, Indore - 452001, admeasuring 557.62 sq.mt. (6000 sq.ft.), Owned by – M/s Magnificent Hotel Pvt. Ltd., Part No. 4 & 5 of Plot No.8 (Plot no. 8/4/1, 8/4/2, 8/4/3, 8/4/4, 8/5/1, 8/5/2, 8/5/3 & 8/5/4), M.G. Road, near Chetak Arch/Sapphire Apartment, Indore - 452001, admeasuring 1115.24 sq.mt. (12000 sqft.), Owned by – M/s Sunstar Infrastructure Pvt. Ltd. (formerly known as M/s Magnificent Investments Pvt. Ltd.).
Bank Name
UCO Bank
Borrower's Name
M/s Zoom Developers Pvt. Ltd.
Lot Number
UCBAMUMB21290035
Asset Sub-type
Plot
City / District
Indore
State
Madhya Pradesh
Pincode
452001
Reserve Price
₹18,87,00,000
EMD Amount
₹1,88,70,000
EMD Date
29 Sep 2026, 12:50 pm
Bid Increment
₹10,00,000
Inspection Period
18 Sep 2026 to 28 Sep 2026
Legal Basis
Under SARFAESI
Borrower's Address
703/704, 7th Floor, Chetak Centre, 12/2 R N T Road, Indore, Madhya Pradesh - 452001.
Auction Branch
ASSET MANAGEMENT, MUMBAI ZONAL OFFICE-2129
Borrower Customer ID
00992054
EMD Submission Opens
17 Sep 2026, 03:29 pm
Bid Increment (During Extension)
₹1000000
Auto-extends if Bid in Last
10 minutes
Extended By
10 minutes
Available for Loan
No
Specific Asset Details
Residential/Commercial
1 / 3
Contact details
MEENOR V BHIVGADE
Authorised Officer - Scale - IV - CM
Location on map
Approximate area
The marker shows the PIN-code area, not the exact property. Confirm the address with the contact person before you visit.
Commercial Views
1
total views
Sign in for latest auctions, instant alerts & opportunities.
Please log in or register to access documents.
Sign in for latest auctions & alerts.
Register to access documents.
Interested in this auction?
Leave your details and our team will help you with the process.
Schedule Visit Details
Important dates for this commercial auction.
EMD Amount₹1,88,70,000
EMD Date29 Sep 2026, 12:50 pm
Inspection Start Date18 Sep 2026, 11:00 am
Inspection End Date28 Sep 2026, 04:00 pm
Auction Start Date29 Sep 2026, 01:00 pm
Auction End Date29 Sep 2026, 03:00 pm
Point of contact
Meenor Bhivgade
Dealing Officer (Inspection)
- 8928909653
- 359,UCO BANK BLDG,4TH FLOOR,D.N.ROAD
MEENOR V BHIVGADE
Authorised Officer - Scale - IV - CM
Contact Details
Reach out for more information about this commercial auction.
Meenor Bhivgade
Dealing Officer (Inspection)
- 8928909653
- 359,UCO BANK BLDG,4TH FLOOR,D.N.ROAD
MEENOR V BHIVGADE
Authorised Officer - Scale - IV - CM
⚠️ E-Auctions India never requests cash or transfers to personal accounts.
Pay EMD only as directed in the official bank auction notice. Report suspicious requests to
[email protected].
Full disclaimer
Welcome back
Log in to your saved auctions, alerts and settings.
New here? Create an account
Deactivated your account? Reactivate it
Create your account
It takes less than a minute.
Already have an account? Log in
Reset your password
Enter your account email and we'll send you a link to choose a new password.