Property for Auction in Varanasi, Varanasi, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614467
Bank Name:Axis Bank
Branch Name:Retail Lending and Payment Group
Reserve Price:₹35,00,000
EMD:₹3,50,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:bankeauctions.com / C1 India
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Prime plot of land available for auction in Varanasi, Uttar Pradesh. This residential land parcel is offered by Axis Bank under the SARFAESI Act. Situated in the well-connected area of Varanasi, it presents a significant investment opportunity for developers and individuals seeking to build their dream home or a profitable venture. The property is ideal for residential development, offering a canvas for construction in a growing urban landscape.
State:Uttar Pradesh
City:Varanasi
Area:Varanasi
Asset Category:Residential
Full Address:K-43/1-A1, K-43/1-A1 Bangali Vada, Visheshwarghang, Varansi, Uttar Pradesh-221001, Bangali Vada, Varanasi
Size:142.50 Sq. Ft.
Axis Bank presents a SARFAESI auction for a valuable plot of land in Varanasi, Uttar Pradesh. The auction will be held on December 5, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at ₹35,00,000, with an Earnest Money Deposit (EMD) of ₹3,50,000 required to participate. This is a unique chance to acquire a land asset in a developing region, previously owned by M/s. SHRI BALAJI TRADING COMPANY. Bid for this residential land and secure your stake in Varanasi's real estate market.
Borrower Name:M/s. SHRI BALAJI TRADING COMPANY
Auction Type:SARFAESI Auction
Guarantor Names:RUKMINI DEVI, GOURAV YADAV
Possession Status:Symbolic
Encumbrance Details:NA
The property is a small land parcel in Varanasi, auctioned by Axis Bank. Its relatively low reserve price may attract local interest, but the limited size and location specifics require careful evaluation of its potential use and market value. A calculated risk for investors familiar with the area.
Branch:Branch Office : Retail Lending and Payment Group
Service Provider:bankeauctions.com / C1 India
Contact Details:
Akhilesh Kumar
Contact no:+91-9910878184