Plot for auction Utelwa Industrial Area Amethi 36 lakh Canara Bank

This is a prime residential plot located in the developing area of Musafirkhana, Amethi, Uttar Pradesh. The plot is being auctioned by Canara Bank as part of a SARFAESI action against the borrower, M/s Noor Enterprises. Situated in a growing locality, this property offers an excellent opportunity for investment or development. Its accessibility and strategic location within Amethi make it a desirable asset. Prospective buyers can envision building their dream home or undertaking a lucrative development project on this valuable piece of land.

Canara Bank is conducting a SARFAESI auction for a residential plot in Musafirkhana, Amethi, Uttar Pradesh. The auction will take place on November 20, 2025, starting at 11:00 AM and concluding at 12:30 PM. The reserve price for this asset is set at INR 3,610,000.00, with an Earnest Money Deposit (EMD) of INR 361,000.00 required to participate. This is a significant opportunity to acquire property in a developing region of Uttar Pradesh. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank prior to participating.

The property is a plot in an industrial area, which could be a good investment depending on the location's growth potential. The reserve price seems reasonable, and the auction terms are standard. Further due diligence is recommended to assess the industrial area's infrastructure and future prospects before bidding.