Property for Auction in Faizabad Road, Lucknow, Uttar Pradesh
Auction ID:546160
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹27,65,00,000
EMD:₹2,76,50,000
Service Provider:bankeauctions.com / C1 India
Submission Date:04-09-2025 05:00 PM
Bid Start Date:05-09-2025 11:00 AM
This offering is a substantial plot of land situated on Faizabad Road in Lucknow, Uttar Pradesh. Classified under the residential asset category, this property presents a blank canvas for development. Its location on Faizabad Road provides excellent connectivity and access to essential amenities, making it an attractive proposition for builders and investors seeking opportunities in a burgeoning urban landscape. The plot is being auctioned under the SARFAESI Act by Phoenix ARC Private Limited, with M/s Andes Town Planners Private Limited listed as the borrower. This is a prime piece of real estate in a strategic location within Lucknow.
State:Uttar Pradesh
City:Lucknow
Area:Faizabad Road
Asset Category:Residential
Phoenix ARC Private Limited presents a SARFAESI auction for a prime plot of land located on Faizabad Road, Lucknow, Uttar Pradesh. This is a significant opportunity for investors and developers. The auction will be held online on September 5, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at ₹27,65,00,000, with an Earnest Money Deposit (EMD) of ₹2,76,50,000 required. This residential plot, previously associated with M/s Andes Town Planners Private Limited, offers excellent potential in a rapidly developing area. Don't miss this chance to acquire a valuable asset in one of Lucknow's key growth corridors.
Borrower Name:M/s Andes Town Planners Private Limited
Auction Type:SARFAESI Auction
Mr Bhavik Pandya : 8866682937