Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614619
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE KARNAL
Reserve Price:₹5,25,000
EMD:₹52,000
Bid Increment:₹10,000
Auction Time:12:30 PM to 1:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-26
Property Description
This is a residential house located in Nissing, Karnal, Haryana. The property is being auctioned by Canara Bank under the SARFAESI Act. It represents an opportunity to acquire a house in a developing area. The borrower for this asset is Sh. Davinder Rana.
State:Haryana
City:Karnal
Area:Nissing.
Asset Category:Residential
Full Address:Village Gondar, Hadbast no. 35, Sub Tehsil Nissing Distt. Karnal, Nissing, Karnal
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential house in Nissing, Karnal, Haryana. The auction will take place on November 26, 2025, starting at 12:30 PM and concluding at 01:30 PM. The reserve price for this property is INR 525,000, with an Earnest Money Deposit (EMD) of INR 52,000 required to participate. Interested bidders should ensure they meet all pre-auction requirements.
Borrower Name:Sh. Davinder Rana
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Bhola Ram urf Mohinder, Sh. Narinder Kumar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a rural location (Nissing, Karnal) offered at a reasonable reserve price. While the location might limit immediate rental income potential, the relatively low price and physical possession status could appeal to buyers looking for affordable housing or long-term investment. The auction terms are standard, suggesting a calculated risk with moderate return potential.
Contact Details
Branch:Branch Office : REGIONAL OFFICE KARNAL
Service Provider:BAANKNET
Contact Details:
Contact no:74969-18253
