Property for Auction in Sadar,, Prayagraj, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612895
Bank Name:Canara Bank
Branch Name:ARM BRANCH, : LUCKNOW
Reserve Price:₹2,28,92,000
EMD:₹22,89,200
Auction Time:10:00 AM to 2:00 PM
Service Provider:BAANKNET
Submission Date:2025-12-15
Bid Start Date:2025-12-16
This auction features a prime residential plot located in the well-connected Sadar area of Prayagraj, Uttar Pradesh. The property offers an excellent opportunity for development or investment in a growing urban locality. Situated in a recognized area, it provides convenient access to essential amenities and transportation links. The plot is being auctioned by Canara Bank under the SARFAESI Act, presenting a unique chance to acquire valuable real estate.
State:Uttar Pradesh
City:Prayagraj
Area:Sadar,
Asset Category:Residential
Full Address:Arazi no. 528/2, Mouza-Harwara, Pargana & Tehsil-Sadar, Harwara, Prayagraj
Size:336.00 Sq. Mtr.
Canara Bank is conducting an online SARFAESI auction for a residential plot in Sadar, Prayagraj. The auction will take place on December 16, 2025, commencing at 10:00 AM and concluding at 02:00 PM. The reserve price for this asset is INR 2,28,92,000, with an Earnest Money Deposit (EMD) of INR 22,89,200 required to participate. This is a significant opportunity to bid on a property previously owned by M/s Shivraj Satyendra Singh Cold Storage.
Borrower Name:M/s Shivraj Satyendra Singh Cold Storage
Auction Type:SARFAESI Auction
Guarantor Names:Ranjeet Singh, Gomti Devi, Nisha Singh, Divya Prakash
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
This Prayagraj plot presents a calculated opportunity given its location and size. The reserve price is reasonable, making it a viable option for investors seeking land in a developing area. However, potential investors should carefully assess the encumbrances and legal standing before bidding.
Branch:Branch Office : ARM BRANCH, : LUCKNOW
Service Provider:BAANKNET
Contact Details:
Contact no:05222307898