Plot for auction Musafirkhana Amethi 20 lakh Canara Bank

This is a residential plot located in Musafirkhana, Amethi, Uttar Pradesh. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents an excellent opportunity for individuals or investors looking to acquire land in a developing area. The plot is situated in a accessible location within Amethi, offering potential for future development. This is a direct auction from the bank, ensuring a clear title and transparent transaction process.

Canara Bank is conducting a SARFAESI auction for a residential plot in Musafirkhana, Amethi, Uttar Pradesh. The auction has a reserve price of INR 20,40,000 and requires an EMD of INR 2,04,000. The bidding will take place online on November 20, 2025, commencing at 11:00 AM and concluding at 12:30 PM. This is a secured asset auction, offering a unique chance to purchase property directly from the bank. Interested bidders should review all auction terms and conditions provided by Canara Bank before participating.

The plot's location in an industrial area offers potential, but the specific terms and the need for thorough due diligence suggest a 'Calculated Opportunity'. Amethi's market dynamics should be carefully considered before investing. The reserve price seems reasonable, warranting further investigation.