Property for Auction in Roorkee, Haridwar, Uttarakhand
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
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
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
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
Possession Status:Symbolic
Encumbrance Details:Not known to bank
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.
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Neha Bansal
Contact no:9729146633