Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614146
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT(ARM) II BRANCH,
Reserve Price:₹57,00,000
EMD:₹5,70,000
Bid Increment:₹50,000
Auction Time:12:30 PM to 01:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a residential plot located in Kotdwar, Pauri Garhwal, Uttarakhand. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents an opportunity to acquire land in a developing area.
State:Uttarakhand
City:Pauri Garhwal
Area:Kotdwer
Asset Category:Residential
Full Address:Khata No. 58, Khait No. 131, Vill Kashirampur Patti Sukhrow, Teh. Kotdwar, Kashirampur Patti Sukhrow, Kotdwer
Size:153.34 Sq. Mt
Auction Description
Canara Bank is conducting an e-auction for a residential plot in Kotdwar, Pauri Garhwal, Uttarakhand. The auction, conducted under SARFAESI rules, has a reserve price of ₹57,00,000 and requires an Earnest Money Deposit (EMD) of ₹5,70,000. The auction will take place on November 28, 2025, from 12:30 PM to 01:30 PM. This is a public auction for the property associated with borrower Shri Nikhil Bhatia.
Borrower Name:Shri Nikhil Bhatia
Auction Type:SARFAESI Auction
Guarantor Names:Shri Bharat Lal Bhatia
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in Kotdwer, offering potential for residential development. The reserve price seems reasonable, but potential buyers should carefully assess the location and local market conditions. Due to the auction terms and the nature of plot, it's categorized as a calculated opportunity.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT(ARM) II BRANCH,
Service Provider:BAANKNET
Contact Details:
H. SIDDHARTH SHUKLA
Contact no:9928875879
