Shop for auction 150 Kailash Nagar Fazalpur Palwal by Canara Bank

This commercial property, situated in Fazalpur, Palwal, Haryana, offers a significant investment prospect. The property comprises a commercial unit built over approximately 100 square yards, with specific land measurements detailed in the auction documents. Its location near Vande Matram School on Alawalpur Road places it in a developing area of Palwal, providing potential for future appreciation and business growth. The property is strategically bounded by other properties, a road, and a government water tank, offering clear access and visibility. The auction details mention two distinct parcels of land contributing to the overall offering, with precise share percentages specified. For new property buyers, understanding the exact configuration, potential uses, and local development plans for Fazalpur is crucial. This asset, being auctioned by Canara Bank, represents a chance to enter the commercial real estate market in Palwal at a potentially competitive price, subject to the auction process and bidding outcomes.

This presents an opportunity to acquire a commercial property located in Fazalpur, Palwal, Haryana, through a SARFAESI auction conducted by Canara Bank. The auction is scheduled to commence on July 31, 2025, at 12:30 PM and conclude at 1:30 PM on the same day. Prospective buyers are required to submit their applications by July 29, 2025, 05:00 PM. The reserve price for this asset has been set at ₹73,82,000, with an Earnest Money Deposit (EMD) of ₹7,38,000. Interested parties should carefully review all auction terms and conditions, including the detailed property descriptions and legal aspects, before participating. For any queries or further clarification, potential bidders can contact Mr. Nishant Sinha at Canara Bank via phone at 8572802328 or 7496918308. Thorough due diligence is strongly recommended to ensure a successful and informed acquisition.