House for auction 7 Residential House, jammu, Jammu by Canara

This offering details a residential house located at Chak Changerwan, District Jammu, identified by Khasra No. 122, Khata No. 7, and Khewat No. 1. Situated in the vibrant city of Jammu, this property offers a promising prospect for new homeowners or investors looking to capitalize on the real estate potential of Jammu and Kashmir. Jammu, often referred to as the 'City of Temples,' boasts a rich cultural heritage and is a significant economic hub in the region. The property's location within the district provides potential access to local amenities, transportation networks, and the burgeoning development characteristic of urban centers. As a residential house, it holds the promise of a comfortable living space or a valuable rental income opportunity. This is an ideal entry point for individuals seeking to own a piece of property in a developing area with historical and cultural importance.

This SARFAESI auction presents a unique opportunity to acquire a residential house in the heart of Jammu, Jammu and Kashmir, through Canara Bank. The auction is scheduled to take place on July 31, 2025, with bidding commencing at 11:30 AM and concluding at 12:30 PM on the same day. Prospective buyers are required to submit their applications by July 30, 2025, at 5:00 PM. The reserve price for this property is ₹55,00,000, with an Earnest Money Deposit (EMD) of ₹5,50,000. This is an excellent chance for new buyers to enter the property market in Jammu, a region known for its cultural significance and growing development. For further inquiries, interested parties can contact the Authorized Officer at 9517700632. The auction is being facilitated by BAANKNET, ensuring a transparent and regulated process for all participants.