Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614174
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹16,87,000
EMD:₹1,69,000
Bid Increment:₹10,000
Auction Time:11 A.M to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-10
Property Description
This is a SARFAESI auction for a residential house located in Shamli, Lucknow, Uttar Pradesh. The property is associated with M/s Vansh Jewellers. It presents an opportunity to acquire a house in a key area of Lucknow.
State:Uttar Pradesh
City:Lucknow
Area:Shamli
Asset Category:Residential
Full Address:117 E/A, Residential House no. 117 E/A, Mohalla Pansariyan, Khasra No. 255 & 257, Pargana & Tehsil & District Shamli, Mohalla Pansariyan, Shamli
Size:33.53 sqmts
Auction Description
Indian Bank is conducting an online SARFAESI auction for a residential house in Shamli, Lucknow, Uttar Pradesh. The auction will take place on December 10, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price is set at ₹16,87,000, with an Earnest Money Deposit (EMD) of ₹1,69,000 required to participate.
Borrower Name:M/s Vansh Jewellers
Auction Type:SARFAESI Auction
Guarantor Names:Satish Kumar S/o Raghuveer Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity given its residential nature and location in Shamli. The price point is relatively accessible, but potential investors should conduct thorough due diligence on the local market and property condition. Symbolic possession adds a layer of complexity requiring careful assessment.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Shri Sanshak Kumar
Contact no:9411032274
