House for auction 01 Sheikhpur Habibpur, Saadatganj, Lucknow by Indian Bank

Prospective homebuyers and astute investors are presented with a remarkable opportunity to acquire a strategically located residential house in the bustling city of Lucknow, Uttar Pradesh. This specific property, identified as House No. 543/01 A, encompasses parts of plot numbers 14 and 15, within Khasra No. 11, 12, and 13, offering a generous area of 116.17 Sq Mtr. Nestled in the well-regarded Sheikhpur Habibpur area, within Ward Saadatganj, the home benefits immensely from its prime positioning in Lucknow, a rapidly developing metropolitan hub. The property enjoys excellent accessibility, notably bordered by a 25-foot-wide road to its North. Its designation as a residential asset makes it perfectly suited for families seeking a comfortable long-term residence or for investors targeting a high-potential asset. The substantial 116.17 Sq Mtr plot size provides ample scope for comfortable living and future value appreciation, marking this as a promising acquisition in a desirable Lucknow address.

This residential property is being offered through a SARFAESI Auction conducted by Indian Bank, providing a transparent and legally robust acquisition process. The auction, managed by the reputable service provider ebkray, specifies a Reserve Price of INR 6,183,000.00, establishing the minimum bid acceptable. Interested bidders are required to submit an Earnest Money Deposit (EMD) of INR 618,300.00, which typically represents 10% of the reserve price, ensuring only serious participants engage. The critical deadline for application submission is March 6, 2025, at 05:00 PM, emphasizing the importance of timely preparation. The e-auction itself is scheduled to commence on March 7, 2025, at 11:00 AM and will conclude on the same day at 03:30 PM. Prospective buyers are strongly advised to conduct thorough due diligence, including physical property inspection and legal verification, and to contact the authorized officials – Prem Ranjan Pandey at 7599395310 or Branch Manager Nidhi Tripathi at 8800906392 – for any queries regarding the auction terms and conditions before participating.