Shop for auction Dundahera Ghaziabad 18 lakh Axis Bank

Property for Auction in Dundahera, Ghaziabad, Uttar Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
320 sq. ft
Reserve Price
17,83,367
Reserve Price
17,83,367
EMD Required
1,78,336
Property Specifications
Society/BuildingPancheel Square
Size320 sq. ft
Unit No.129
FloorFirst Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Dundahera, Ghaziabad
Auction Date IconAuction Date:
20-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613120

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:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

This is a commercial shop located in the bustling area of Dundahera, Ghaziabad, Uttar Pradesh. The property is being auctioned by Axis Bank under the SARFAESI Act. Situated in a well-connected region, this commercial asset presents a promising opportunity for business owners and investors looking to establish or expand their presence in Ghaziabad. The shop is part of a mixed-use development, offering visibility and accessibility.

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, Ghaziabad, 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, formerly owned by Mr. Kewal Krishan. The auction will take place on November 20, 2025, from 11:00 AM to 12:00 PM. The reserve price for this property is INR 17,83,367, with an Earnest Money Deposit (EMD) of INR 1,78,336 required to participate. This is a prime opportunity to acquire a commercial asset in a developing area of Uttar Pradesh.

Borrower Name:Mr. Kewal Krishan

Auction Type:SARFAESI Auction

Guarantor Names:Neelu Raina

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a commercial shop in a developing area of Ghaziabad, offered at a reasonable reserve price. While the location offers potential, further due diligence on local market conditions is advisable. The terms of the auction seem standard, making it a 'Calculated Opportunity' for investors willing to assess local market dynamics.

Contact Details

Branch:Branch Office : Retail Lending and Payment Group

Service Provider:bankeauctions.com / C1 India

Contact Details:

Mukesh Singh

Contact no:+91-9873015430

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