Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609083
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹27,20,000
EMD:₹2,72,000
Bid Increment:₹1,00,000
Auction Time:12:00 Noon to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
Prime agricultural land located in the historical Amer region of Jaipur, Rajasthan. This rectangular plot offers significant potential for development or agricultural use. Situated in a developing area, it provides a unique investment opportunity with good connectivity and proximity to local amenities. The land is being auctioned by Union Bank of India under SARFAESI norms. Ideal for investors seeking to capitalize on Jaipur's growth.
State:Rajasthan
City:Jaipur
Area:Amer
Asset Category:Residential
Full Address:B-3/222, PLOT NO B-3/222, B-Block, Near JDA Office, TRANSPORT NAGAR, Todi Road, SIKAR ROAD, Tehsil Amer, Transport Nagar, Jaipur
Size:125 Sq metrs
Auction Description
Union Bank of India presents a SARFAESI auction for a valuable piece of land in Amer, Jaipur, Rajasthan. The auction will commence on November 14, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price is set at INR 27,20,000, with an Earnest Money Deposit (EMD) of INR 2,72,000 required to participate. This is a fantastic opportunity to acquire property directly from the bank.
Borrower Name:M/s Lalit Mining Impex Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Lalit Gupta, Mr. Subhash Chand Gupta, Mrs. Veena Gupta, Mr. Rakesh Kumar, Mr. Jagjeet Singh Narang
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to bank
Why This Property
The Jaipur property offers a potential commercial opportunity given its location in Transport Nagar. The reserve price is reasonable, but potential investors should carefully assess local market conditions and leasehold restrictions. This is a calculated risk that could yield positive returns with due diligence.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Mrs. Mineendra S R
Contact no:9967887077
