Property for Auction in Durgesh Nagar, Firozabad, Uttar Pradesh
Auction ID:540033
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹21,32,100
EMD:₹2,13,210
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 12:30 PM
Explore a promising residential real estate investment in Firozabad, Uttar Pradesh, with this bank auction opportunity. The property is a house located in Durgesh Nagar, a developing area offering potential for residential growth. Spanning approximately 1250 sq ft, the house has clearly defined boundaries, with the east side adjacent to the plot of Shanti Devi and others, the west side benefiting from a 10-foot wide street access, and the north and south sides bordered by plots owned by Ganga Ram and Suraj Pal, respectively. This location in Firozabad, a city known for its industrial significance, offers a blend of community living and potential for future appreciation. The property is being auctioned by Canara Bank as part of its asset recovery process, presenting a chance to secure a home or investment property at a competitive price. The reserve price has been set at ₹2,132,100.00, indicating a market-driven valuation for this asset.
State:Uttar Pradesh
City:Firozabad
Area:Durgesh Nagar
Asset Category:Residential
This SARFAESI auction presents a compelling opportunity to acquire a residential house located in the Durgesh Nagar area of Firozabad, Uttar Pradesh, brought to you by Canara Bank. The property, with an area of approximately 1250 sq ft, is situated within a well-defined locality, bounded by neighboring plots and a 10-foot wide gali (street) to the west, offering accessibility. The auction process is designed for transparency and efficiency, with the bidding scheduled to take place on July 31, 2025, running from 12:30 PM to 01:30 PM. Prospective buyers are required to submit their applications by July 30, 2025, at 05:00 PM. A crucial element for participation is the Earnest Money Deposit (EMD) of ₹213,210.00, which is 10% of the reserve price of ₹2,132,100.00. This auction, managed by BAANKNET, provides a structured platform for acquiring property directly from the bank. For further inquiries, prospective bidders can contact the Manager at the provided phone numbers: 7217039773 or 8272082379.
Borrower Name:M/S Kamaal Iron Scrap
Auction Type:SARFAESI Auction
Contact: Manager, Ph. No. 7217039773, 8272082379