Property for Auction in Vidyawati Devi Nagar, Lucknow, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611024
Bank Name:Axis Bank
Branch Name:Retail Lending and Payment Group
Reserve Price:₹21,87,736
EMD:₹2,18,773
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:Public Auction
Submission Date:2025-11-27
Bid Start Date:2025-11-28
This auction features a prime plot of land located in Vidyawati Devi Nagar, Lucknow, Uttar Pradesh. Situated in a developing area, this residential land offers a great opportunity for construction and investment. The property is being auctioned by Axis Bank under the SARFAESI Act. The plot is ideal for building a home or for future real estate development. Don't miss this chance to acquire a valuable piece of land in a growing locality.
State:Uttar Pradesh
City:Lucknow
Area:Vidyawati Devi Nagar
Asset Category:Residential
Full Address:SS II-1744-D-1, LDA Colony, H. No. SS II-1744-D-1 LDA Colony Kanpur Road Ward-Vidyawati Devi Nagar Lucknow Uttar Pradesh-226012, Vidyawati Devi Nagar, Lucknow
Building/Society:LDA Colony
Size:30.00 sq. mt
Axis Bank presents a SARFAESI auction for a land parcel in Vidyawati Devi Nagar, Lucknow. The auction will take place on November 28, 2025, from 11:00 AM to 12:00 PM. The reserve price for this residential land is INR 21,87,736, with an Earnest Money Deposit (EMD) of INR 2,18,773 required to participate. This is a fantastic opportunity to bid on a property previously associated with Mr. Jagdish Kumar Pandey. All interested bidders are advised to review the auction terms and conditions carefully before participating.
Borrower Name:Mr. Jagdish Kumar Pandey
Auction Type:SARFAESI Auction
Guarantor Names:Priyanka Kumari
Possession Status:Physical
Encumbrance Details:NA
The property is a small land plot in Lucknow being auctioned by Axis Bank. While the reserve price seems reasonable, the smaller size and location warrant a 'Calculated Opportunity' rating, requiring careful assessment of local market conditions and development potential before investing.
Branch:Branch Office : Retail Lending and Payment Group
Service Provider:Public Auction
Contact Details:
Nitin Singh
Contact no:+91-7706000010