Property for Auction in Varanasi, Varanasi, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611528
Bank Name:Bank of Baroda
Branch Name:Regional Stressed Asset Recovery Branch
Reserve Price:₹77,72,000
EMD:₹7,77,200
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-27
Bid Start Date:2025-11-27
This auction features a prime Land and Building property located in Varanasi, Uttar Pradesh. Situated in the heart of the city, this asset offers excellent potential for residential development or investment. The property is part of a SARFAESI auction conducted by Bank of Baroda, presenting a unique opportunity to acquire real estate in a sought-after location. Detailed property specifics will be available to interested bidders.
State:Uttar Pradesh
City:Varanasi
Area:Varanasi
Asset Category:Residential
Full Address:Arazi No. 2874K, Vill. Billi Markundi, Pargana Agori, Tehsil- Obra, SRO Obra, Distt.-Sonebhadra-231219 (Uttar Pradesh), Billi Markundi, Sonebhadra
Size:253.00 sq. mtr.
Bank of Baroda presents a SARFAESI auction for a valuable Land and Building property in Varanasi, Uttar Pradesh. The auction will commence on November 27, 2025, at 02:00 PM and conclude at 05:00 PM on the same day. The reserve price for this asset is ₹77,72,000, with an Earnest Money Deposit (EMD) of ₹7,77,200 required to participate. This is a fantastic chance to bid on a significant property in Varanasi.
Borrower Name:Mr. Ved Prakash
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
This residential land and building in Billi Markundi presents a calculated opportunity. The reserve price aligns with potential market value in the area, although the location might require further assessment for investment appeal. Auction terms seem standard, with a symbolic possession status needing additional investigation.
Branch:Branch Office : Regional Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9554959534