Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609082
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹72,79,000
EMD:₹7,27,900
Bid Increment:₹72,000
Auction Time:12:00 Noon to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential house located in Faridabad, Haryana, being auctioned by Union Bank of India. Situated in the city of Faridabad, this property presents an opportunity for potential buyers. Details regarding the exact location and size of the house are available through the bank. The asset is being auctioned under the SARFAESI Act. The borrower associated with this property is M/s Nehanika Print Export Pvt. Ltd.
State:Haryana
City:Faridabad
Area:Faridabad
Asset Category:Residential
Full Address:2399/7, House No. 2399/7 (Part of Old Plot No. 32), Rect. No. 43, Killa No. 9,10,11 (Khasra No. 43/9/10/11), Near Phool Chand Kiryana Store, Jawahar Colony, NIT Faridabad, Jawahar Colony, Faridabad
Size:200 sq yards
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential house in Faridabad, Haryana. The auction will commence on November 14, 2025, at 12:00 PM and conclude at 05:00 PM on the same day. The reserve price for this property is ₹72,79,000, with an Earnest Money Deposit (EMD) of ₹7,27,900 required to participate. This is a prime opportunity to acquire a house in Faridabad through a secured bank auction process.
Borrower Name:M/s Nehanika Print Export Pvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Kailash Chand Sharma, Mr. Shyam Sunder Shrama, Mrs. Alka Sharma, Ms. Neha Sharma, Mr. Naval Kishore Sharma
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known to bank
Why This Property
This Faridabad house presents a calculated opportunity due to its established location and residential nature. While the price point requires careful consideration, the symbolic possession status and known encumbrances may introduce uncertainties, warranting thorough due diligence before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Mrs. Mineendra S R
Contact no:9967887077
