House for auction 27 Devlok colony, Mahanagar, Lucknow by Canara

Discover a promising residential house situated in the vibrant Devlok Colony, Vishnupuri, within the sought-after Mahanagar area of Lucknow. This property, identified as House No. 532GA/173-112/27 on plot no. 119/27, offers a built-up area of 1170 sq. ft., complemented by an additional 614 sq. ft. of garden lease land, providing ample outdoor space. Strategically located with boundaries on a 12 ft. wide Sarkari Kharanja lane to the East and a 20 ft. wide road of Devlok Colony to the West, the property enjoys excellent accessibility. Its proximity to neighboring houses (119/28 to the North and 119/26 to the South) indicates a developed neighborhood. Mahanagar is a prime locale in Lucknow, known for its robust infrastructure, educational institutions, healthcare facilities, and commercial hubs, ensuring a high quality of life and potential for property value appreciation.

This SARFAESI auction presents a compelling opportunity to acquire a residential property located in the well-established Mahanagar area of Lucknow, Uttar Pradesh. The auction is being conducted by Canara Bank, with the bidding scheduled to commence on July 31, 2025, and conclude on the same day between 10:00 AM and 02:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, 11:59 AM. The reserve price for this auction is set at ₹87,75,000, with an Earnest Money Deposit (EMD) of ₹8,77,500. This property is ideal for individuals seeking a home in a prime locality with essential amenities and good connectivity. We encourage new buyers to thoroughly understand the SARFAESI auction process, conduct due diligence on the property, and ensure all documentation is in order before participating. For further details and to engage with the bank for specific queries, direct contact with the Bank Manager is advised.