Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611199
Bank Name:Axis Bank
Branch Name:Retail Lending and Payment Group
Reserve Price:₹17,83,367
EMD:₹1,78,336
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a commercial shop located in Dundahera, Ghaziabad, Uttar Pradesh. The property is being auctioned by Axis Bank under SARFAESI proceedings. It presents a valuable opportunity for investors and business owners looking to acquire commercial space in a developing area. The property is ideal for various retail or service-based businesses.
State:Uttar Pradesh
City:Ghaziabad
Area:Dundahera
Asset Category:Commercial
Full Address:129, Pancheel Square, Commercial Shop No. 129, Pancheel Square, C-3, Crossing Republic, Dundahera, Dundahera, Ghaziabad
Building/Society:Pancheel Square
Size:320 sq. ft.
Auction Description
Axis Bank is conducting a SARFAESI auction for a commercial shop in Dundahera, Ghaziabad. The auction will take place on November 20, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price for this asset is INR 17,83,367, with an Earnest Money Deposit (EMD) of INR 1,78,336. This is a timely opportunity to bid on a commercial property in a strategic location.
Borrower Name:Mr. Kewal Krishan
Auction Type:SARFAESI Auction
Guarantor Names:Neelu Raina
Legal Details
Possession Status:Physical
Encumbrance Details:NA
Why This Property
The property offers a decent location in Ghaziabad with a reasonable reserve price. The commercial nature of the shop and the auction terms present a calculated opportunity for investors. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Retail Lending and Payment Group
Service Provider:Public Auction
Contact Details:
Mukesh Singh
Contact no:+91-9873015430
