Industrial Land & Building for auction Roorkee Haridwar 8 Cr Union Bank of India

Property for Auction in Roorkee, Haridwar, Uttarakhand

Recommendation
Strong BuyScore: 7.5
Possession
Symbolic
Size
9079 Sq Mts
Reserve Price
8,25,00,000
Reserve Price
8,25,00,000
EMD Required
82,50,000
Property Specifications
Size9079 Sq Mts
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Industrial Land & Building
Location IconLocation:
Roorkee, Haridwar
Auction Date IconAuction Date:
14-11-2025 12:00 PM

Auction Details

Recommendation:Strong BuyScore: 7.5

Auction ID:609084

Bank Name:Union Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:8,25,00,000

EMD:82,50,000

Bid Increment:8,25,000

Auction Time:12:00 Noon to 05:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:13-11-2025 05:00 PM

Bid Start Date:2025-11-14

Property Description

Prime industrial land and building located in Roorkee, Haridwar, Uttarakhand. This asset, previously belonging to M/s Aveeno Milk Products, offers significant potential for industrial and commercial ventures. Situated in a key economic zone, the property is well-suited for manufacturing, warehousing, or processing activities. Its strategic location in Roorkee provides excellent connectivity and access to resources, making it an attractive investment for businesses seeking expansion or a new operational base in a developing region.

State:Uttarakhand

City:Haridwar

Area:Roorkee

Asset Category:Industrials

Full Address:Survey no-550, Village-Lafitpur, Khubbanpur, Musathakam Pargana, Bhagwanpur, Tehsil-Roorkee, Roorkee, Haridwar

Size:9079 Sq Mts

Auction Description

Union Bank of India presents a SARFAESI auction for industrial land and building in Roorkee, Haridwar. The auction will commence on November 14, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price is set at ₹8,25,00,000 with an Earnest Money Deposit (EMD) of ₹82,50,000. This is a unique opportunity to acquire a substantial industrial asset in Uttarakhand. Prospective bidders are advised to review all auction terms and conditions provided by Union Bank of India prior to participating.

Borrower Name:M/s Aveeno Milk Products

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Avdhesh Mittal, M/s. Hrishikesh Farms Pvt. Ltd., Mrs. Reena Mittal W/o Avdhesh Mittal

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not known to bank

Why This Property

The industrial property in Roorkee offers a significant investment opportunity due to its prime location and size. With a reserve price of ₹82,500,000 and the inclusion of plant and machinery, this auction presents a strong buy recommendation, given the potential for industrial use and development.

Contact Details

Branch:Branch Office : Asset Recovery Branch

Service Provider:BAANKNET

Contact Details:

Neha Bansal

Contact no:9729146633

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