Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612005
Bank Name:Bank of India
Branch Name:Asset Recovery Branch -New Delhi
Reserve Price:₹30,94,000
EMD:₹3,10,000
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
Discover a prime commercial shop opportunity in Badkhal, Faridabad, Haryana. This asset, offered by the Bank of India under SARFAESI Act, presents a valuable investment in a growing commercial hub. The property is ideally situated for retail or business ventures. Take advantage of this chance to acquire a commercial space in a sought-after location.
State:Haryana
City:Faridabad
Area:Badkhal
Asset Category:Commercial
Full Address:LGF-30, Parsvnath City Mall, Parsvnath City Mall, Sector-12, Tehsil Badhkal, Faridabad, Haryana, Badkhal, Faridabad
Building/Society:Parsvnath City Mall
Size:520 sq. ft.
Auction Description
Bank of India presents a SARFAESI auction for a commercial shop in Badkhal, Faridabad. The auction begins on November 25, 2025, at 11:00 AM and concludes at 5:00 PM on the same day. The reserve price is set at INR 30,94,000, with an Earnest Money Deposit (EMD) of INR 3,10,000. This is a direct opportunity from the bank to acquire a commercial property.
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
The property is a commercial shop in Faridabad, offered at a reasonable reserve price through auction. While the location has potential, the symbolic possession and auction terms require careful evaluation. This represents a calculated investment opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : Asset Recovery Branch -New Delhi
Service Provider:BAANKNET
Contact Details:
Mr. Sube Singh
Contact no:+919673790244
