Property for Auction in Chauri Chaura, Gorakhpur, Uttar Pradesh
Auction ID:530929
Bank Name:Canara Bank
Branch Name:ARM BRANCH, : LUCKNOW
Reserve Price:₹85,84,000
EMD:₹8,58,400
Service Provider:BAANKNET
Submission Date:30-07-2025 11:59 AM
Bid Start Date:31-07-2025 10:00 AM
This offering features a substantial land parcel of 0.6100 hectares (approximately 1.5 acres) situated at Mauza-Siswa urf Chankapur, within the Pargana Haveli, Tehsil Chauri Chaura, District Gorakhpur, Uttar Pradesh. The property is identified by Arazi No. 129 and is categorized as Residential land. Its boundaries are clearly defined: to the East lies the plot belonging to Ganga Sagar, to the West is a Chak Road, the North is bordered by the field of Motilal Yadav, and to the South is the plot of Abdul Rehman. Located in the developing region of Chauri Chaura, Gorakhpur, this land offers considerable potential for residential development or other strategic investments. The strategic location provides access to local amenities and transportation networks, making it an attractive prospect for buyers looking to capitalize on regional growth. Prospective bidders are advised to visit the site and verify all details pertinent to land use and development regulations.
State:Uttar Pradesh
City:Gorakhpur
Area:Chauri Chaura
Asset Category:Residential
This auction presents a unique opportunity to acquire a significant parcel of land located in Chauri Chaura, Gorakhpur, Uttar Pradesh, brought to you by Canara Bank. The auction follows the SARFAESI Act, a well-established legal framework for asset recovery. The bidding will commence on July 31, 2025, with the auction period running from 10:00 AM to 2:00 PM on the same day. To participate, interested buyers must submit their applications by July 30, 2025, 11:59 AM. The reserve price for this valuable land is ₹85,84,000, with an Earnest Money Deposit (EMD) of ₹8,58,400 required to secure your bidding position. This process is managed by BAANKNET, ensuring a transparent and organized auction. We encourage potential buyers to conduct thorough due diligence regarding the property’s legal status, encumbrances, and development potential prior to the auction date to make an informed investment decision.
Borrower Name:Khan Layer Farms
Auction Type:SARFAESI Auction
Contact to Bank Manager