Land for auction Vikasnagar Dehradun 33 lakh Edelweiss Asset Reconstruction Company Limited

This is a unique opportunity to acquire a plot of land in the scenic Vikasnagar area of Dehradun, Uttarakhand. The property, categorized as residential, is being auctioned by Edelweiss Asset Reconstruction Company Limited under the SARFAESI Act. With a reserve price of ₹33,00,000 and an EMD of ₹3,30,000, this land offers significant potential for development or personal use in a growing region. Vikasnagar is known for its tranquil environment and accessibility, making it an attractive location for real estate investment.

Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a plot of land located in Vikasnagar, Dehradun, Uttarakhand. The auction is scheduled for December 4, 2025, commencing at 11:00 AM and concluding at 12:00 PM. The reserve price for this residential land is set at ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. This is a chance to acquire property formerly associated with borrower Prakash Devnata. All interested parties are encouraged to review the auction terms and conditions provided by Edelweiss Asset Reconstruction Company Limited.

The land parcel in Vikasnagar presents a calculated opportunity due to its location and size. The reserve price seems reasonable, but potential investors should conduct thorough due diligence on the land's encumbrances and future development prospects. This property is recommended for investors who are looking for land with minimal encumbrances.