Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610794
Bank Name:Axis Bank
Branch Name:Retail Lending and Payment Group
Reserve Price:₹21,87,736
EMD:₹2,18,773.6
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a vacant plot of land located in Vidyawati Devi Nagar, Lucknow, Uttar Pradesh. The property is being auctioned by Axis Bank under SARFAESI laws. It represents an excellent opportunity to acquire land in a developing area of Lucknow. The plot is suitable for residential development, offering potential for future growth and investment. Its location provides reasonable access to city amenities and infrastructure.
State:Uttar Pradesh
City:Lucknow
Area:Vidyawati Devi Nagar
Asset Category:Residential
Full Address:SS II-1744-D-1, LDA Colony, H. No. SS II-1744-D-1 LDA Colony Kanpur Road Ward-Vidyawati Devi Nagar, Vidyawati Devi Nagar, Lucknow
Building/Society:LDA Colony
Size:30.00 sq. mt
Auction Description
Axis Bank is conducting a SARFAESI auction for a land parcel in Vidyawati Devi Nagar, Lucknow. The auction will take place on November 28, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price for this residential land is INR 21,87,736, with an Earnest Money Deposit (EMD) of INR 2,18,773 required to participate. This is a timely opportunity for interested buyers to bid on a property in Uttar Pradesh.
Borrower Name:Mr. Jagdish Kumar Pandey
Auction Type:SARFAESI Auction
Guarantor Names:Priyanka Kumari
Legal Details
Possession Status:Physical
Encumbrance Details:NA
Why This Property
The land plot in Vidyawati Devi Nagar offers a potential investment opportunity given Lucknow's growth. While the reserve price seems reasonable, further due diligence is recommended to assess market value and potential for appreciation. The auction terms are standard, making it a calculated risk.
Contact Details
Branch:Branch Office : Retail Lending and Payment Group
Service Provider:Public Auction
Contact Details:
Nitin Singh
Contact no:+91-7706000010
