Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611651
Bank Name:Canara Bank
Branch Name:Regional Office: Ghaziabad
Reserve Price:₹11,62,000
EMD:₹1,16,200
Bid Increment:₹10,000
Auction Time:12:30 p.m. to 01:30 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Sadullabad, Ghaziabad, Uttar Pradesh. The property is being auctioned by Canara Bank as part of a SARFAESI auction. The flat is a residential asset, offering a potential home ownership opportunity in a developing area.
State:Uttar Pradesh
City:Ghaziabad
Area:Sadullabad.
Asset Category:Residential
Full Address:G.F-2, Akash Vihar Colony, Plot No.-54, Akash Vihar Colony, Loni, Dist- Ghaziabad-201102, Akash Vihar, Ghaziabad
Building/Society:Akash Vihar Colony
Size:41.805 Sq meter
Auction Description
Canara Bank is holding a SARFAESI auction for a residential flat in Sadullabad, Ghaziabad, Uttar Pradesh. The auction will take place on November 20, 2025, starting at 12:30 PM and concluding at 01:30 PM. The reserve price for this property is ₹11,62,000, with an Earnest Money Deposit (EMD) of ₹1,16,200 required to participate. This is a valuable opportunity to acquire a residential property through a bank auction.
Borrower Name:Mrs. Uma Saxena
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chaman Saxena
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a reasonable opportunity given its location in Ghaziabad and the bank auction terms. While not a prime investment, the physical possession status and relatively affordable reserve price offer a calculated risk for potential buyers. Further due diligence is recommended to assess local market conditions.
Contact Details
Branch:Branch Office : Regional Office: Ghaziabad
Service Provider:BAANKNET
Contact Details:
Sh. Rakesh Kumar
Contact no:7428093522
