House for auction 70 Mr. Virendra Kumar Maurya Lucknow Lucknow by Indian Bank

Prospective homeowners and savvy investors, take note of an exceptional residential opportunity presented by Indian Bank in the heart of Lucknow, Uttar Pradesh. This promising property, a well-situated house, spans a generous 223.048 square meters, comprising plots 70, 71, and 72 within the significant khasra numbers 713, 714, and 715. Nestled in the established Noor Beg Hata ward, specifically near the JT Police Chowki, this location boasts excellent connectivity and access to local amenities, making it ideal for families or individuals seeking a convenient urban lifestyle. The property's strategic position in Garhi Peer Khan ensures proximity to essential services and transport links. As a residential asset, it offers significant potential for customisation and value appreciation, presenting a compelling blank canvas for new property buyers to create their dream home or a valuable addition to an investment portfolio in a thriving city like Lucknow.

For new buyers navigating the world of bank auctions, this Indian Bank offering presents a straightforward opportunity under the SARFAESI Act, ensuring a transparent and legally robust process. The property is available at a competitive Reserve Price of INR 45,00,000.00, requiring an Earnest Money Deposit (EMD) of INR 4,50,000.00 to participate. The e-auction, facilitated by service provider ebkray, is scheduled for February 14, 2025, commencing at 11:00 AM and concluding at 3:30 PM. Prospective bidders must ensure their application and EMD submission are completed by February 13, 2025, 05:00 PM. We strongly advise new buyers to conduct thorough due diligence, review the detailed terms and conditions, and clarify any queries with the Authorised Officer, Mr. Ashish Kumar Singh, reachable at 9919961949. Understanding the online bidding platform and the SARFAESI guidelines is crucial for a successful participation in this residential auction.