Property for Auction in Pampore, Jammu, Jammu and Kashmir
Auction ID:539182
Bank Name:Canara Bank
Branch Name:RECOVERY & LEGAL SECTION
Reserve Price:₹32,66,000
EMD:₹3,26,600
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Discover a promising land opportunity in Pampore, a growing locality within the Jammu region of Jammu and Kashmir. This property, identified by Khasra No. 2720 Min., Khewat No. 1659, and Khata No. 1813, spans 07 Marlas and includes a three-storeyed concrete tin-roofed house, presenting a blend of land and existing structure. The property is strategically located and bounded by the residences of Latif Ahmad Sheikh to the north, Nisar Ali to the east, and Abdul Hamid Dhobi to the west, with a link road to the south, suggesting accessibility and community integration. As a residential asset, this land holds potential for development or personal use, catering to various buyer needs. Its location in Pampore positions it within a region known for its developing infrastructure and potential for appreciation, making it an attractive prospect for those looking to invest in real estate in Jammu and Kashmir.
State:Jammu and Kashmir
City:Jammu
Area:Pampore
Asset Category:Residential
This auction presents a unique opportunity to acquire land in the developing region of Pampore, Jammu and Kashmir, offered by Canara Bank under the SARFAESI Act. The bidding process will commence on July 31, 2025, starting at 11:30 AM and concluding at 12:30 PM on the same day. Prospective buyers are advised to submit their applications by July 30, 2025, before 05:00 PM. The reserve price for this asset is set at ₹32,66,000, with an Earnest Money Deposit (EMD) of ₹3,26,600 required to participate. This land, measuring 07 Marlas, is part of a residential asset category and is situated in Khrew Pampore. It is important for new buyers to thoroughly understand the SARFAESI auction process, which involves direct bidding on the e-auction platform managed by BAANKNET. Due diligence on the property's legal status, physical condition, and market value is strongly recommended before participation to ensure a successful and informed investment.
Borrower Name:M/S Design Ornaments
Auction Type:SARFAESI Auction
Contact Authorized Officer M.: 9517700632