Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613690
Bank Name:Shubham Housing Development Finance Co Ltd
Branch Name:Udyog Vihar Phase IV< Gurgaon
Reserve Price:₹9,89,600
EMD:₹98,960
Bid Increment:₹5,000
Service Provider:Public Auction
Important Dates
Submission Date:08/12/2025
Bid Start Date:30-07-2025
Property Description
This is a residential plot located in Barasirohi, Kanpur, Uttar Pradesh, offered for auction by Shubham Housing Development Finance Co Ltd. The property is part of a SARFAESI auction initiated due to default by the borrower, DHEERAJ KUMAR. This is a prime opportunity to acquire land in a developing area of Kanpur.
State:Uttar Pradesh
City:Kanpur
Area:Barasirohi
Asset Category:Residential
Full Address:1157, Vakeel Nagar, Arazi No. 1157 Vakeel Nagar Barasirohi, IIT Srivastava General Store Kanpur Nagar, Uttar Pradesh - 208016, Barasirohi, Kanpur
Building/Society:Vakeel Nagar
Auction Description
Shubham Housing Development Finance Co Ltd is conducting an online SARFAESI auction for a residential plot in Barasirohi, Kanpur. The auction is scheduled for 09-12-2025, starting at 10:00 AM and concluding at 04:00 PM on the same day. The reserve price is set at 989,600.0, with an Earnest Money Deposit (EMD) of 98,960.0 required to participate. This auction presents a chance for interested buyers to acquire the property under the SARFAESI Act.
Borrower Name:DHEERAJ KUMAR
Auction Type:SARFAESI Auction
Guarantor Names:SAKSHI GUPTA, NEERAJ KUMAR
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Barasirohi, Kanpur, presents a reasonable investment opportunity, given the reserve price and symbolic possession status. While the property's full potential is dependent on further due diligence, the auction terms make it a calculated risk worth considering for investors familiar with the local market. The presence of a guarantor adds a layer of security to the transaction.
Contact Details
Branch:Branch Office : Udyog Vihar Phase IV< Gurgaon
Service Provider:Public Auction
Contact Details:
Jai Prakash Tiwari
Contact no:9838220100
