Plot for auction Sector 7-C Chandigarh 5 Cr IDFC FIRST Bank Limited

A prime residential plot located in the well-established area of Chandigarh. This asset, categorized as residential, offers a significant opportunity for development or investment in a sought-after urban locale. The plot is being auctioned by IDFC First Bank Ltd under SARFAESI regulations. Benefiting from its location in Chandigarh, it provides excellent connectivity and access to city amenities. This is a valuable piece of real estate for discerning buyers.

IDFC First Bank Ltd presents a SARFAESI auction for a valuable residential plot in Chandigarh. The auction is scheduled for November 20, 2025, commencing at 11:00 AM and concluding at 01:00 PM. The reserve price for this asset is INR 4,85,98,688, with an Earnest Money Deposit (EMD) of INR 48,59,868 required to participate. This auction represents a direct opportunity to acquire a prime plot in Chandigarh, formerly associated with borrower Steel Ace.

The property is a plot in a well-established sector of Chandigarh, presenting a strong investment opportunity. The reserve price reflects the potential of the location, and the auction terms appear standard. Due diligence is recommended to assess specific development opportunities and market dynamics.