Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611789
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹26,26,600
EMD:₹2,62,660
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-12-01
Property Description
This is a SARFAESI auction for a residential land and building located in Nawakadal, Srinagar, Jammu and Kashmir. The property is being auctioned by Canara Bank. The borrower is Mr. Altaf Hussain Purzgar.
State:Jammu and Kashmir
City:Srinagar
Area:Nawakadal
Asset Category:Residential
Full Address:Tengpora, Nawakadal Srinagar, Nawakadal, Srinagar
Size:900 Sq. Ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Nawakadal, Srinagar. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹26,26,600.0, with an Earnest Money Deposit (EMD) of ₹2,62,660.0 required to participate. This is a prime opportunity to acquire a property in a sought-after location.
Borrower Name:Mr.Altaf Hussain Purzgar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential land and building in Nawakadal, Srinagar, presents a calculated opportunity. While the location has potential, the auction terms and reserve price require careful consideration. Further due diligence on the property's condition and market value is advised.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Sh. K. K. Sharma
Contact no:9418070048
