Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610345
Bank Name:Indian Bank
Branch Name:Stressed Assets Management Branch
Reserve Price:₹1,13,65,000
EMD:₹11,36,500
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a residential house located in the well-established area of Jankipuram, Lucknow, Uttar Pradesh. Previously owned by M/s AAR PEE Printers, this property is being auctioned by Indian Bank under the SARFAESI Act. It represents a significant opportunity for buyers seeking a home in a prime Lucknow location.
State:Uttar Pradesh
City:Lucknow
Area:Jankipuram
Asset Category:Residential
Full Address:2/174, 2/174, Sector-2, Jankipuram Vistar Yojana, Lucknow, Jankipuram, Lucknow
Size:162.00 Sq. Mtr
Auction Description
Indian Bank presents a SARFAESI auction for a residential house in Jankipuram, Lucknow, Uttar Pradesh. The auction will take place on December 10, 2025, from 11:00 AM to 04:00 PM. The reserve price for this property is ₹1,13,65,000, with an Earnest Money Deposit (EMD) of ₹11,36,500 required. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:M/s AAR PEE Printers
Auction Type:SARFAESI Auction
Guarantor Names:Sri Dinesh Kumar Tripathi, Sri Rakesh Tripathi, Sri Harish Tripathi
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a developing locality of Lucknow. The reserve price seems reasonable, but requires careful market assessment. This is a 'Calculated Opportunity' due to its location and bank auction terms.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Shri Ashish Jindal
Contact no:8397913078
