Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610626
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹71,70,000
EMD:₹7,17,000
Auction Time:12:30 PM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-17
Property Description
This is a residential house located in Ambala Cantonment, Ambala, Haryana. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents an opportunity for buyers seeking a home in a well-established area.
State:Haryana
City:Ambala
Area:Ambala Cantonment
Asset Category:Residential
Full Address:No. 174, Village Panjokhra, Distt-Ambala, No. 174, Ambala Cantonment, Ambala
Size:423.5 Sq. Yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential house in Ambala Cantonment, Ambala, Haryana. The auction will take place on November 17, 2025, from 12:30 PM to 01:30 PM. The reserve price is ₹71,70,000, with an Earnest Money Deposit (EMD) of ₹7,17,000. This is a secured creditor auction, with the borrower identified as M/s Sharma Atta Chakki.
Borrower Name:M/s Sharma Atta Chakki
Auction Type:SARFAESI Auction
Guarantor Names:Smt Sonika Rani W/o Sh. Rakesh Kumar, Sh. Omprakash Kumar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Ambala Cantonment, presenting a decent opportunity given its location. The reserve price appears reasonable, but potential investors should carefully assess the property's condition and local market trends before bidding. The symbolic possession status adds a layer of caution.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Mr. Ranjeet Kumar
Contact no:85728-16290
