Property for Auction in Vikas Nagar, Lucknow, Lucknow, Uttar Pradesh
Auction ID:566491
Bank Name:Indian Bank
Branch Name:Stressed Assets Management Branch
Reserve Price:₹1,15,00,000
EMD:₹11,50,000
Service Provider:BAANKNET
Submission Date:09-09-2025 05:00 PM
Bid Start Date:10-09-2025 11:00 AM
Indian Bank presents a house for auction in the well-connected Vikas Nagar area of Lucknow, Uttar Pradesh. This residential property, previously mortgaged by M/s Vidhata Rice Mill, offers a fantastic opportunity for home ownership or investment in a prime location. Vikas Nagar is known for its infrastructure, proximity to essential services, and pleasant living environment. The property is ideal for those seeking a home in a developing and sought-after neighborhood within the vibrant city of Lucknow.
State:Uttar Pradesh
City:Lucknow
Area:Vikas Nagar, Lucknow
Asset Category:Residential
Indian Bank is conducting a SARFAESI auction for a house located in Vikas Nagar, Lucknow, Uttar Pradesh. The auction will commence on September 10, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this property is ₹1,15,00,000, with an Earnest Money Deposit (EMD) of ₹11,50,000 required to participate. This is a valuable opportunity to acquire a residential asset through a transparent auction process conducted by the bank.
Borrower Name:M/s Vidhata Rice Mill
Auction Type:SARFAESI Auction
Phone No. 0522-2288988