Land for auction 103 Min Situated at Villa Jaspur Udham Singh Nagar by Debts Recovery T...

This exceptional land parcel, spanning a significant 4050 square meters (or 0.405 hectares), is strategically located in Village Baksora, Tehsil Jaspur, within the prosperous Udham Singh Nagar district of Uttarakhand. Categorized as 'Residential' land, it presents a compelling opportunity for new property buyers and investors looking to capitalize on the region's growth potential. Its generous size offers ample scope for various development projects, from establishing a substantial private residence to exploring multi-unit residential schemes, subject to local zoning regulations. The property benefits from clearly defined boundaries: bordered by a "Naher" (canal) to the East, land owned by Smt. Maju Sharma & Neelam Sharma to the West, Bhupendra Singh's land to the North, and Santokh Singh's land to the South, ensuring ease of identification and clear title considerations. This well-located and sizable plot in a developing area makes it a prime asset for long-term appreciation and immediate development.

This is a critical Debts Recovery Tribunal (DRT) e-auction, managed by the Debts Recovery Tribunal itself, presenting a transparent and regulated acquisition opportunity. Prospective buyers should note the Reserve Price set at INR 5,41,00,000.00, with a mandatory Earnest Money Deposit (EMD) of INR 54,10,000.00, which is typically 10% of the reserve price and is refundable if unsuccessful. The online bidding is scheduled for February 20, 2025, commencing at 11:00 AM and concluding at 12:00 PM. It is imperative that all applications and EMD submissions are completed by February 19, 2025, 05:00 PM, well in advance of the auction date. The auction will be conducted via drt.auctiontiger.net, a reputable e-auction service provider, ensuring a secure and efficient process. New buyers are strongly advised to conduct thorough due diligence on the property and review the complete terms and conditions available from the DRT. For any inquiries or clarification, contact the provided mobile number: 9536582435.