Property for Auction in Kaushambi, Lucknow, Uttar Pradesh
Recommendation:Strong BuyScore: 7.2
Auction ID:612894
Bank Name:Canara Bank
Branch Name:ARM BRANCH, : LUCKNOW
Reserve Price:₹7,38,02,000
EMD:₹73,80,200
Auction Time:10:00 AM to 2:00 PM
Service Provider:BAANKNET
Submission Date:2025-12-15
Bid Start Date:2025-12-16
This offering presents a prime plot of land located in the well-connected Kaushambi area of Lucknow, Uttar Pradesh. Ideal for residential development, this plot offers a significant opportunity in a growing urban landscape. The property is being auctioned by Canara Bank under the SARFAESI Act, providing a clear title and a straightforward transaction process. Its strategic location ensures accessibility and potential for future appreciation, making it an attractive investment for developers or individuals looking to build their dream home in a sought-after locale. Don't miss this chance to acquire a valuable piece of real estate in Lucknow.
State:Uttar Pradesh
City:Lucknow
Area:Kaushambi
Asset Category:Residential
Full Address:Arazi No 148 (Rakba) admeasuring 0.685 hect out of 1.896 Hect. already owned by seller at of Total Area admeasuring 3.792 Hect. situated at Mouza - Chanderai Pargana-Athrav, Kaushambi, Lucknow
Size:0.685 hect
Canara Bank is conducting a SARFAESI auction for a residential plot in Kaushambi, Lucknow, Uttar Pradesh. The property, previously owned by M/s Shivraj Satyendra Singh Cold Storage, has a reserve price of ₹7,38,02,000. The Earnest Money Deposit (EMD) required is ₹73,80,200. The auction will take place on December 16, 2025, commencing at 10:00 AM and concluding at 02:00 PM. This is a fantastic opportunity to acquire a plot in a desirable area through a transparent banking auction process. Interested parties are encouraged to review all auction terms and conditions prior to bidding.
Borrower Name:M/s Shivraj Satyendra Singh Cold Storage
Auction Type:SARFAESI Auction
Guarantor Names:Shri Ranjeet Singh, Smt Gomti Devi, Smt. Nisha Singh W/o Divya Prakash
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a plot of land in a developing area near Lucknow with a relatively high reserve price indicating potential. Given the bank auction status and strategic location, it represents a strong buying opportunity. Investors should conduct due diligence regarding local development plans.
Branch:Branch Office : ARM BRANCH, : LUCKNOW
Service Provider:BAANKNET
Contact Details:
Contact no:05222307898/8173004792/8218881233/9451914461/6387225284/7972690456/9634016436