Plot for auction 6054 Mortgaged area, Amethi, Lucknow by Indian Bank

This presents an exceptional opportunity for new property buyers to acquire a substantial residential plot (0.200 Hectares or 2000 Sq. meters) through a secure bank auction. Strategically located at Gata no-823 in Mohaiya Keshariya Rokha Tibi, Amethi, within the broader Lucknow region of Uttar Pradesh, this expansive land parcel offers immense potential for diverse residential development. Its generous size is ideal for constructing a spacious family home, developing multiple housing units, or even considering a plotted community project, catering to the growing demand for quality living spaces in the area. Amethi, being a part of the vibrant Lucknow metropolitan influence, promises a blend of tranquility and accessibility to urban amenities, making this plot a highly attractive long-term investment. Prospective buyers can capitalize on the established infrastructure and the promising growth trajectory of this developing locality, ensuring both immediate utility and significant future appreciation.

Participating in this Indian Bank SARFAESI auction provides a transparent and structured pathway to property acquisition. The auction for this residential plot is scheduled for July 23, 2025, commencing at 11:00 AM and concluding at 04:00 PM on the same day. Key financial aspects include a Reserve Price of INR 1,78,00,000.00 and an Earnest Money Deposit (EMD) of INR 17,80,000.00, which must be submitted by the application deadline of July 22, 2025, 05:00 PM. Prospective bidders should note that the EMD is refundable if unsuccessful. The auction is facilitated by BAANKNET, ensuring a professional process. New buyers are strongly advised to conduct thorough due diligence, including physical inspection of the property, reviewing all auction terms and conditions, and understanding the SARFAESI Act provisions. For any inquiries or assistance, Mr. Manimesh Kumar can be contacted at 9546276588. This structured bank auction offers a unique chance to secure a valuable asset under clear and regulated terms.