Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611634
Bank Name:Canara Bank
Branch Name:Regional Office: Ghaziabad
Reserve Price:₹21,17,000
EMD:₹2,11,700
Bid Increment:₹10,000
Auction Time:12:30 p.m. to 01:30 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
A plot of land located in Modinagar, Ghaziabad, Uttar Pradesh. This asset is being auctioned by Canara Bank under SARFAESI rules. The property is categorized as residential land and is being sold on behalf of the borrower, M/s Monika Khal Bhandar Prop.
State:Uttar Pradesh
City:Ghaziabad
Area:Modinagar
Asset Category:Residential
Full Address:Part of Khasra No-758, Gali No.6/4, Brahmpuri Fafarana Road, Village Begumabad Budana, Fafrana Road, Brahmpuri, Modinagar
Size:77.34 Sq. Mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Modinagar, Ghaziabad, Uttar Pradesh. The auction will take place on November 20, 2025, starting at 12:30 PM and concluding at 01:30 PM. The reserve price for this auction is INR 21,17,000, with an Earnest Money Deposit (EMD) of INR 2,11,700 required to participate.
Borrower Name:M/s Monika Khal Bhandar Prop
Auction Type:SARFAESI Auction
Guarantor Names:Smt Rajni Rani, Sh. Suresh Chaudhary
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land's location in Modinagar and relatively affordable reserve price make it a calculated opportunity. However, potential investors should carefully assess the property's accessibility and local market conditions before bidding. Given the details available, it presents a moderate level of risk with potential for reasonable returns.
Contact Details
Branch:Branch Office : Regional Office: Ghaziabad
Service Provider:BAANKNET
Contact Details:
Sh. Rakesh Kumar
Contact no:7428093522
