Land for auction 416 All that Part and Parcel of Land and Bui, Kanpur, Kanpur by Indian...

This land and building property is located in the established Omnagar area of Darshanpurwa, Kanpur, Uttar Pradesh. Spanning approximately 153.27 square meters, the property occupies the northern side of a parcel of land. Its strategic location within Kanpur, a major industrial and commercial hub in Uttar Pradesh, offers significant advantages in terms of accessibility and potential for future development or rental income. The property is well-defined by its boundaries: to the east lies House No. 119/185, to the west is a portion of House on Plot No. 58, and to the north is House on Plot No. 53. A 3-foot wide common passage provides access from the south. The asset category is residential, making it suitable for individual home ownership or development into multiple dwelling units. Understanding the neighbourhood's infrastructure and local market dynamics will be key for new buyers to unlock the full potential of this Kanpur property.

This presents an opportunity to acquire a residential property through an Indian Bank SARFAESI auction. The auction is scheduled to commence on July 23, 2025, at 11:00 AM and will conclude at 5:00 PM on the same day. Bidders are required to submit their applications by July 22, 2025, at 5:00 PM. A crucial aspect for potential buyers is the Earnest Money Deposit (EMD) of INR 644,600.00, which is 10% of the reserve price. The property's reserve price is set at INR 6,446,000.00, establishing a clear starting point for bidding. This auction process, governed by SARFAESI norms, is transparent and regulated, offering a structured platform for property acquisition. Prospective bidders are strongly advised to thoroughly review all available documentation and conduct independent due diligence on the property prior to the auction date to ensure a well-informed bidding decision.