Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610599
Bank Name:Indian Bank
Branch Name:Regional office
Reserve Price:₹31,00,000
EMD:₹3,10,000
Bid Increment:₹10,000
Auction Time:12:00 PM to 4.00PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
A valuable plot of land located in Bareilly, Uttar Pradesh, offered by Indian Bank through a SARFAESI auction. This residential land presents a prime investment opportunity in a developing area. Ideal for building your dream home or for future development, this property is situated within the city limits of Bareilly, ensuring accessibility and convenience.
State:Uttar Pradesh
City:Bareilly
Area:Bareilly
Asset Category:Residential
Full Address:H.No. 03, H.No. 03 Near Power Grid Colony Biharman Nagla, Munshi Nagar, Biharman Nagla, Munshi Nagar, Bareilly
Size:110.36 sq mts
Auction Description
Indian Bank invites bids for a significant land parcel in Bareilly, Uttar Pradesh, under the SARFAESI Act. The auction has a reserve price of INR 31,00,000 and an Earnest Money Deposit (EMD) of INR 3,10,000. Bidding opens on November 19, 2025, at 12:00 PM and closes at 4:00 PM on the same day. This is a fantastic chance to acquire property in Bareilly at a competitive price.
Borrower Name:Mrs Punam Gupta
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Anil Kumar Gupta, Mr. Pappu, Mr. Aman Arya, Mr. Radha Krishna Arya
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land in Bareilly, offered at a reasonable reserve price. While the possession is symbolic, the location and price point suggest a calculated opportunity for investors familiar with the local market. Further due diligence is recommended to assess the investment potential fully.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Mr. Vipul Pandey
Contact no:8692960223
