Land And Building for auction N.I.T. Faridabad 24 lakh Karvy Finance

This offering presents a significant opportunity to acquire a Land and Building asset in Faridabad, Haryana. Located in the well-connected area of Faridabad, this property is part of a SARFAESI auction initiated by Karvy Finance. The asset category is Residential, making it suitable for various development or personal use possibilities. The property is being auctioned due to the default of borrower Mr. Gajendra Kumar. This is a prime chance to invest in Faridabad's real estate market.

Karvy Finance is conducting a SARFAESI auction for a Land and Building property in Faridabad, Haryana. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this residential asset is INR 23,50,000, with an Earnest Money Deposit (EMD) of INR 2,35,000 required to participate. This is a direct sale to recover dues from borrower Mr. Gajendra Kumar. Secure your bid for this valuable Faridabad property.

The property offers a calculated opportunity due to its land and building type and location in Faridabad. The reserve price seems reasonable, but the part possession status and lack of detailed auction timings necessitate careful consideration. Further due diligence regarding the site is important.