Plot for auction 4 SGM Nagar, Ballabhgarh, Faridabad by Canara Bank

The property on offer is a plot of land measuring 140 square yards, located at House No. MCF no. 2976, SGM Nagar, Ballabhgarh, Faridabad, Haryana. This residential plot, identified by Plot No. 4 within Rect no. 119/18, Mauza Badhkal, offers a solid foundation for building a home or for future development. Situated in Faridabad, a rapidly growing city in Haryana, the location provides access to developing infrastructure and a burgeoning community. The plot's boundaries are clearly defined, with North bordering another property, South facing a road, East adjacent to House of R.D. Sehgal/2977, and West next to House of Sharma/2975. This positioning within an established area suggests potential for connectivity and convenience. For those looking to invest in land with potential for capital appreciation or to construct a property in a developing region, this plot presents a compelling opportunity.

This auction presents a valuable opportunity to acquire a residential plot located in the well-connected area of Ballabhgarh, Faridabad, Haryana. The property, identified as Plot No. 4, measures 140 square yards and is situated within the SGM Nagar locality. Its strategic position benefits from proximity to essential amenities and infrastructure. The plot is bounded by existing properties and a road, indicating a developed neighborhood. This SARFAESI auction, conducted by Canara Bank, has a reserve price of ₹61,40,000.00, with an Earnest Money Deposit (EMD) of ₹6,14,000.00. Prospective buyers are advised to complete their application submission by July 29, 2025, prior to the auction's commencement. Interested parties can reach out to Nishant Sinha, the authorized officer, at 7496918308 for further inquiries. This is an excellent chance for new investors to enter the real estate market through a transparent bank auction process.