Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614175
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹7,82,000
EMD:₹79,000
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 currently owned by Mr. Abrar. It's a great opportunity to acquire a house in a prime location.
State:Uttar Pradesh
City:Lucknow
Area:Shamli
Asset Category:Residential
Full Address:Khasra no. 277, Mohalla Nai Basti (Om Vihar Colony), Pargana Shamli, Tehsil & District Shamli, Nai Basti (Om Vihar Colony), Shamli
Size:47.50 sq. yd.
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, from 11:00 AM to 4:00 PM. The reserve price for this property is INR 7,82,000, with an Earnest Money Deposit (EMD) of INR 79,000 required to participate. Bidders are advised to conduct their own due diligence.
Borrower Name:Mr Abrar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Shamli, offered at a relatively low reserve price. While the location may not be prime, the auction terms are standard. This presents a calculated risk with potential for reasonable returns.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Shri Harun Mehraj
Contact no:9808782488
