Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610600
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹59,00,000
EMD:₹5,90,000
Auction Time:12:30 PM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-17
Property Description
This is a residential house located in Kaithal, Haryana, being auctioned by Canara Bank. The property is part of a SARFAESI auction initiated due to default by the borrower, M/s Mohit Garments. This is a prime opportunity to acquire a property in a well-established area.
State:Haryana
City:Kaithal
Area:Kaithal
Asset Category:Residential
Full Address:Sikka Colony, Kaithal, Sikka Colony, Kaithal
Size:121.50 Sq. yards
Auction Description
Canara Bank presents a SARFAESI auction for a residential house in Kaithal, Haryana. The auction will commence on November 17, 2025, at 12:30 PM and conclude at 1:30 PM on the same day. The reserve price for this property is ₹59,00,000, with an Earnest Money Deposit (EMD) of ₹5,90,000 required to participate. This is a limited-time opportunity to bid on a valuable asset.
Borrower Name:M/s Mohit Garments
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Kaithal, Haryana, and its residential type present a reasonable investment opportunity. The reserve price seems fair for the area, however further due diligence into the local market is recommended. The physical possession status enhances the investment appeal.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Mr. Ranjeet Kumar
Contact no:85728-16290
