Land for auction 18 Land and Building, Ambala, Ambala by Canara

This SARFAESI auction, conducted by Canara Bank, features a prime land parcel measuring 614 square yards, located at Plot No. 18 in Ambala Cantonment, Ambala, Haryana. The property is situated in a strategically advantageous area, benefiting from the established infrastructure and amenities of the cantonment town. Ambala Cantonment is a key urban center in Haryana, known for its connectivity and economic activity, making it an appealing destination for both residential and commercial ventures. The land is identified within Khewat No. 60, Khatauni No. 60, and Khasra No. 58//12, in Vaka Mauja Gram Kalarehri, Hadbast No. 28, with the borrower being M/s KRN Power Tech. The property is categorized as Residential, with 'Land And Building' as the specific type, suggesting potential for immediate use or future construction. With a reserve price of ₹67,54,000 and an Earnest Money Deposit (EMD) of ₹6,75,400, this auction provides a clear entry point for prospective buyers. The auction is scheduled to commence on July 31, 2025, from 11:30 AM to 12:30 PM, with the application submission deadline set for July 30, 2025, by 05:00 PM. For further inquiries, interested parties can contact Ms. Swati Jasrotia at the provided contact numbers.

This auction presents a unique opportunity to acquire a substantial plot of land with proposed building potential in the well-established Ambala Cantonment, Ambala, Haryana. The property, identified as Plot No. 18, spans an impressive 614 square yards, offering ample space for development. Located within the Khewat No. 60, Khatauni No. 60, and Khasra No. 58//12, in Vaka Mauja Gram Kalarehri, Hadbast No. 28, this land is situated in a region known for its strategic importance and developing infrastructure. Ambala Cantonment is a prominent cantonment town with a robust military presence, contributing to a stable local economy and consistent demand for housing and commercial spaces. This makes it an attractive location for investors looking to capitalize on future growth. The property is offered through a SARFAESI auction by Canara Bank, providing a transparent and regulated process for acquiring distressed assets. It is an ideal choice for new buyers seeking to enter the real estate market with a property that holds significant potential for appreciation and development.