Property for Auction in Indira Nagar, Lucknow, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:600289
Bank Name:Union Bank of India
Branch Name:REGIONAL OFFICE : LUCKNOW
Reserve Price:₹18,72,000
EMD:₹1,87,200
Bid Increment:₹18,720
Auction Time:12:00 PM to 05:00 PM
Service Provider:BAANKNET
Submission Date:29-10-2025 05:00 PM
Bid Start Date:2025-10-30
This offering features a Land and Building asset located in the well-established Indira Nagar area of Lucknow, Uttar Pradesh. The property, formerly associated with Mr. Manoj Kumar Singh, is classified as residential and is being auctioned by the Union Bank of India under the SARFAESI Act. This presents a unique opportunity to acquire real estate in a prime Lucknow locale.
State:Uttar Pradesh
City:Lucknow
Area:Indira Nagar
Asset Category:Residential
Full Address:71, Plot Number- 71, Khasra Number 319Sa Min Jumla, Takrohi, Near Gangasagar Hospital, Shaheed Bhagat Singh Ward, Indira Nagar, Lucknow, Uttar Pradesh, Indira Nagar, Lucknow
Size:565.00 Sq Ft.
Union Bank of India is conducting a SARFAESI auction for a residential Land and Building property in Indira Nagar, Lucknow. The auction will commence on October 30, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price is set at INR 1,872,000, with an Earnest Money Deposit (EMD) of INR 187,200 required. This is a prime opportunity for interested buyers to participate in the bidding process for this Uttar Pradesh property.
Borrower Name:Mr. Manoj Kumar Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Lallan Singh, Mrs. Anju Singh
Possession Status:Symbolic
Encumbrance Details:Not Known to A.O.
The property, a land and building in Indira Nagar, Lucknow, offers moderate potential due to its location and size. The reserve price appears reasonable, but potential investors should carefully evaluate the locality and auction terms before bidding. Given the competitive market, this represents a calculated opportunity rather than a guaranteed prime investment.
Branch:Branch Office : REGIONAL OFFICE : LUCKNOW
Service Provider:BAANKNET
Contact Details:
Mr. Himanshu Raj
Contact no:9935452652