Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:614122
Bank Name:Bank of India
Branch Name:Zonal Office : Star House, Lucknow
Reserve Price:₹1,00,00,000
EMD:₹10,00,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-09
Property Description
A residential flat located in the well-developed area of Gomti Nagar, Lucknow, Uttar Pradesh. This property is being auctioned by the Bank of India. Ideal for personal residence or investment, it offers a great living experience in a prime location.
State:Uttar Pradesh
City:Lucknow
Area:Gomti Nagar
Asset Category:Residential
Full Address:403, Sears Tower, Omaxe Heights, Tower No. 1, Flat no. 403, Sears Tower, Omaxe Heights, Vibhuti Khand, Gomti Nagar, Lucknow-226010, Gomti Nagar, Lucknow
Building/Society:Sears Tower, Omaxe Heights
Size:139.03 sq. mtr.
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Gomti Nagar, Lucknow. The auction starts on December 9, 2025, at 11:00 AM and ends at 5:00 PM on the same day. The reserve price is ₹1,00,00,000, with an Earnest Money Deposit (EMD) of ₹10,00,000. This is a legal process to recover the loan amount from the borrower, Mr. Manish Singh.
Borrower Name:Mr. Manish Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Preeti Singh, M/s Markandey Trading Company, Mr. Vikas Singh S/o Jitendra Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is well-located in Gomti Nagar, a prime area in Lucknow, and is reasonably priced for the area. The auction terms are standard, making it a strong investment opportunity. This property presents a good balance of location and potential return.
Contact Details
Branch:Branch Office : Zonal Office : Star House, Lucknow
Service Provider:BAANKNET
Contact Details:
Amit Yadav
Contact no:9415389015
