Shop for auction Badkhal Faridabad 21 lakh Bank of India

Property for Auction in Badkhal, Faridabad, Haryana

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
385 sq. ft.
Reserve Price
20,94,000
Reserve Price
20,94,000
EMD Required
2,10,000
Property Specifications
Society/BuildingParsvnath City Mall
Size385 sq. ft.
Unit No.LGF-18
FloorLower Ground Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Badkhal, Faridabad
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:25-11-2025 11:00 AM

Bid Start Date:2025-11-25

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Asset Recovery Branch -New Delhi

Service Provider:BAANKNET

Contact Details:

Mr. Sube Singh

Contact no:+919673790244

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