Land And Building for auction Indira Nagar Lucknow 19 lakh Union Bank of India

Property for Auction in Indira Nagar, Lucknow, Uttar Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
565.00 Sq Ft.
Reserve Price
18,72,000
Reserve Price
18,72,000
EMD Required
1,87,200
Property Specifications
Society/Building
Size565.00 Sq Ft.
Unit No.71
Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Indira Nagar, Lucknow
Auction Date IconAuction Date:
30-10-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:29-10-2025 05:00 PM

Bid Start Date:2025-10-30

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to A.O.

Why This Property

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.

Contact Details

Branch:Branch Office : REGIONAL OFFICE : LUCKNOW

Service Provider:BAANKNET

Contact Details:

Mr. Himanshu Raj

Contact no:9935452652

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