Flat for auction 2B Derabassi, SAS Nagar by HDFC

The property in question is a Flat located on the 2nd Floor of AKS Colony, Patialal Road, Village-Lohgarh, within the Municipal Council of Zirakpur, Tehsil Dera Bassi, District SAS Nagar Mohali, Punjab. This residential unit, identified as Flat No-2B, is situated on a plot measuring approximately 1 marla and 3 Sarsai, representing a 1/3rd share of a larger land parcel. The property benefits from its location in Derabassi, a region experiencing growth and development, offering potential for future appreciation. Access to essential facilities and amenities is a key consideration for any homebuyer, and further investigation into the local infrastructure, connectivity, and community services surrounding AKS Colony would be beneficial. The property title dates back to a sale deed registered on January 20, 2014, indicating its established presence in the area. Prospective buyers should carefully assess the property's condition and its alignment with their lifestyle and investment goals.

This SARFAESI auction, conducted by HDFC Bank, presents a compelling opportunity for new property buyers to acquire a residential flat in the developing area of Derabassi, SAS Nagar, Punjab. The auction will take place on July 31, 2025, with bidding open between 12:30 PM and 1:00 PM. A critical requirement for participation is the submission of an application by July 30, 2025, by 5:00 PM. The reserve price for this property is set at INR 20,20,000, with an Earnest Money Deposit (EMD) of INR 2,00,000 required. Interested buyers are strongly advised to thoroughly review all auction documents and conduct due diligence on the property prior to the auction date. For any queries or further information, prospective bidders can reach out via the provided contact numbers: +91 93100 29933 or +91 124 4 233 933. Understanding the SARFAESI process and the specific terms and conditions of this auction is paramount for a smooth and successful transaction.