Property for Auction in Badkhal, Faridabad, Haryana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612004
Bank Name:Bank of India
Branch Name:Asset Recovery Branch -New Delhi
Reserve Price:₹20,94,000
EMD:₹2,10,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Submission Date:25-11-2025 11:00 AM
Bid Start Date:2025-11-25
This is a bank auction of a commercial shop located in the Badkhal area of Faridabad, Haryana. The property is being auctioned by the Bank of India. This is a prime opportunity to acquire a commercial asset in a developing region. The property is suitable for various business ventures. Detailed inspection and legal due diligence are advised.
State:Haryana
City:Faridabad
Area:Badkhal
Asset Category:Commercial
Full Address:LGF-18, Parsvnath City Mall, Parsvnath City Mall constructed on plot no. 03, situated at sector-12, Tehsil Badhkal & District Faridabad, Haryana, Badkhal, Faridabad
Building/Society:Parsvnath City Mall
Size:385 sq. ft.
Bank of India presents a SARFAESI auction for a commercial shop in Badkhal, Faridabad. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 5:00 PM. The reserve price is ₹20,94,000, with an Earnest Money Deposit (EMD) of ₹2,10,000 required to participate. This is a direct sale under SARFAESI Act by the Bank of India. Interested bidders should complete all formalities before the auction end time.
Borrower Name:Mr. Kapil Manchanda
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Asha Rani
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
This commercial shop in Faridabad offers a calculated investment opportunity due to its location in Parsvnath City Mall and reasonable reserve price. While the property type is attractive, the auction terms and location require careful consideration of market conditions. Potential investors should assess the area's commercial viability and growth prospects before bidding.
Branch:Branch Office : Asset Recovery Branch -New Delhi
Service Provider:BAANKNET
Contact Details:
Mr. Sube Singh
Contact no:+919673790244