Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609944
Bank Name:Indian Bank
Branch Name:Zonal Office: 22 PD Tandon Marg, Prayagraj
Reserve Price:₹33,03,000
EMD:₹3,30,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential house located in the Pragatipuram Colony of Raebareli, Uttar Pradesh. The property is being auctioned by Indian Bank under the SARFAESI Act. It represents an excellent opportunity to acquire a home in a well-known area.
State:Uttar Pradesh
City:Raebareli
Area:Pragatipuram Colony
Asset Category:Residential
Full Address:LIG-II-83, LIG-II-83, Pragatipuram Colony, Raebareli, Uttar Pradesh, Pragatipuram Colony, Raebareli
Size:54 sqrmtr
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential house in Pragatipuram Colony, Raebareli, Uttar Pradesh. The auction will take place on November 19, 2025, from 11:00 AM to 04:00 PM. The reserve price is set at INR 33,03,000, with an EMD of INR 3,30,000. This is a sealed bid auction.
Borrower Name:Mrs. Poonam Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rajesh Kumar Tiwari, Mr. Mahendra Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
The property is a residential house in Raebareli, offered at a reasonable reserve price. The location in Pragatipuram Colony adds to its appeal. However, further due diligence is needed to assess the market value and potential returns before considering this opportunity.
Contact Details
Branch:Branch Office : Zonal Office: 22 PD Tandon Marg, Prayagraj
Service Provider:BAANKNET
Contact Details:
Manimesh Kumar
Contact no:9546276588
