Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614147
Bank Name:Bank of India
Branch Name:Zonal Office : Star House, Lucknow
Reserve Price:₹58,00,000
EMD:₹5,80,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-09
Property Description
This is a bank auction of a land and building property located in Vidyawati Devi Nagar, Lucknow, Uttar Pradesh. The property is categorized as residential and is being auctioned by the Bank of India under the SARFAESI Act. This presents a unique opportunity to acquire real estate in a well-known area of Lucknow.
State:Uttar Pradesh
City:Lucknow
Area:Vidyawati Devi Nagar
Asset Category:Residential
Full Address:M1-396, Aashiyana Colony, Plot No. M1-396, Aashiyana Colony sector-M1, Kanpur Road, Ward-Vidyawati Devi Nagar, Vidyawati Devi Nagar, Lucknow
Building/Society:Aashiyana Colony
Size:64.68 Sq.Mtr
Auction Description
The Bank of India is conducting an online SARFAESI auction for a land and building property in Vidyawati Devi Nagar, Lucknow. The auction will take place on December 9, 2025, from 11:00 AM to 5:00 PM. The reserve price for this auction is ₹58,00,000, with an Earnest Money Deposit (EMD) of ₹5,80,000. This auction is part of the recovery process initiated by the bank.
Borrower Name:M/s Ankit Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ankit Garg
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity due to its location in Vidyawati Devi Nagar, Lucknow, and the relatively moderate reserve price. However, potential investors should conduct thorough due diligence to assess the market value and any potential risks associated with the auction terms and property condition. The residential land and building type presents a balanced investment prospect.
Contact Details
Branch:Branch Office : Zonal Office : Star House, Lucknow
Service Provider:BAANKNET
Contact Details:
Amit Yadav
Contact no:9415389015
