Property for Auction in Bakshi Ka Talab, Lucknow, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610441
Bank Name:Indian Bank
Branch Name:Zonal Office Lucknow
Reserve Price:₹20,63,000
EMD:₹2,06,300
Bid Increment:₹10,000
Auction Time:10:00 AM to 05:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-18
Bid Start Date:2025-11-19
This is a residential plot located in the Bakshi Ka Talab area of Lucknow, Uttar Pradesh. The property is being auctioned by Indian Bank under the SARFAESI Act. It presents a potential opportunity for development or investment in a developing region. The plot is part of a SARFAESI auction initiated due to default by the borrower, Mis Tridev Auto Works.
State:Uttar Pradesh
City:Lucknow
Area:Bakshi Ka Talab
Asset Category:Residential
Full Address:15-B, Plot No: 15-B, Minjumala of Khasra No-1049, Goila, Pargana Mahona Tehsil-Bakshi ka Talab, Lucknow, Bakshi Ka Talab, Lucknow
Size:55.762 sq. mtr
Indian Bank is conducting a SARFAESI auction for a residential plot in Bakshi Ka Talab, Lucknow, Uttar Pradesh. The auction will take place on November 19, 2025, starting at 10:00 AM and concluding at 5:00 PM. The reserve price for this auction is INR 20,63,000, with an Earnest Money Deposit (EMD) of INR 2,06,300 required to participate. This is a prime opportunity to acquire a plot through a secured bank auction.
Borrower Name:Mis Tridev Auto Works
Auction Type:SARFAESI Auction
Guarantor Names:Shri Rakesh Kumar
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a plot in Bakshi Ka Talab, Lucknow, offered at a reasonable reserve price. While plots offer flexibility, their investment potential is highly dependent on local development and market conditions. This auction represents a calculated opportunity for those familiar with the Lucknow real estate market.
Branch:Branch Office : Zonal Office Lucknow
Service Provider:BAANKNET
Contact Details:
Vivek Mishra
Contact no:8564064318