Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612901
Bank Name:Canara Bank
Branch Name:ARM BRANCH, : LUCKNOW
Reserve Price:₹53,82,000
EMD:₹5,38,200
Auction Time:10:00 AM to 2:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-15
Bid Start Date:2025-12-16
Property Description
A prime residential plot located in Karchhana, Prayagraj, Uttar Pradesh. This plot is offered by Canara Bank through a SARFAESI auction. Ideal for residential development, it presents a great opportunity in a developing area. The property is situated in a well-connected region of Prayagraj, offering accessibility and convenience.
State:Uttar Pradesh
City:Prayagraj
Area:Karchhana
Asset Category:Residential
Full Address:K-33, UPSIDC Industrial area Naini, Plot No. K-33 UPSIDC Industrial area Naini situated at Newada Samogar, Karchhana, Prayagraj
Building/Society:UPSIDC Industrial area Naini
Size:750.00 Sq. Mtr.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Karchhana, Prayagraj. The auction will take place on December 16, 2025, from 10:00 AM to 02:00 PM. The reserve price for this asset is ₹53,82,000, with an Earnest Money Deposit (EMD) of ₹5,38,200. This is a fantastic opportunity to acquire a valuable piece of land in Uttar Pradesh. Interested bidders should review all auction terms and conditions before participating.
Borrower Name:M/s Vasu Engineering
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Sita Yadav W/o Sri Ram Bahadur Yadav, Mr. Sidharth Yadav S/o Sri Ram Bahadur Yadav
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a strategically located industrial plot in Prayagraj offered at a reasonable reserve price. While the location in an industrial area is promising, potential investors should thoroughly assess the existing industrial climate and future growth prospects. The auction terms are standard, making it a calculated opportunity for informed buyers.
Contact Details
Branch:Branch Office : ARM BRANCH, : LUCKNOW
Service Provider:BAANKNET
Contact Details:
Contact no:05222307898
