House for auction 79 - Ganga Nagar - Koregaon Park, Pune by Canara Bank

This residential property, identified as House No. 79 in Ambedkar Gali, Firozabad, Uttar Pradesh, offers an area of 65.87 square meters. Situated in a well-established locality, the property benefits from its accessibility, with an 18-foot wide gali (lane) to the east. The boundaries are clearly defined, with neighboring properties belonging to Lakhim Chand to the west, Shri Ram Swaroop to the north, and a 5-foot wide rasta (path) to the south, indicating potential for a well-integrated community setting. Firozabad, known for its glass and bangle industries, provides a robust economic backdrop. This house represents a potential renovation project or a valuable addition to a property portfolio, offering prospective buyers the chance to invest in a developing urban area. The property's title was formerly associated with Smt Maya Devi, wife of late Rajaram, and the borrower name listed is Akash Bangle Store, which may offer insights into its history. Thorough due diligence, including site visits and legal checks, is advisable before auction participation.

This SARFAESI auction presents a compelling opportunity to acquire a residential property located in Ambedkar Gali, Firozabad, Uttar Pradesh. The auction is being conducted by Canara Bank, with the bidding scheduled to commence on July 25, 2025, from 11:00 AM to 01:00 PM. A key requirement for participation is the submission of applications by 10:00 AM on the same day. The reserve price for this property is set at INR 14,85,000, with an Earnest Money Deposit (EMD) of INR 1,49,000 required to secure your bidding eligibility. Prospective buyers are encouraged to thoroughly review all auction terms and conditions, including the property's legal status and any encumbrances, before participating. For further details or inquiries, interested parties can reach out to the provided contact number: 9084688622. Engaging with a legal professional to understand the nuances of SARFAESI auctions is highly recommended for new buyers.