Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611428
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹44,56,000
EMD:₹4,45,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
This is a prime plot of land located in Nakur, Saharanpur, Uttar Pradesh, offered through a SARFAESI auction by Canara Bank. The property is categorized as residential land and represents a significant investment opportunity in a developing region. Its strategic location in Saharanpur offers potential for residential development or other land-based ventures. The asset is being auctioned due to default by the borrower, M/s Dev Enterprises.
State:Uttar Pradesh
City:Saharanpur
Area:Nakur
Asset Category:Residential
Full Address:Khasra No. 433 situated at Sorana, Pargana Sarsawa, Tehsil Nakur and Distt. Saharanpur, Sorana, Saharanpur
Size:231 sq.yards
Auction Description
Canara Bank is conducting an online SARFAESI auction for a parcel of residential land in Nakur, Saharanpur, Uttar Pradesh. The auction will take place on 20-11-2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price for this valuable plot is INR 44,56,000, and the Earnest Money Deposit (EMD) required is INR 4,45,000. This is a liquidation auction under SARFAESI Act for the property associated with M/s Dev Enterprises.
Borrower Name:M/s Dev Enterprises
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its land size and residential house, although it's located in Sorana, Saharanpur, Uttar Pradesh. The reserve price seems reasonable. However, further investigation into local market conditions is recommended before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9084688622
