Property for Auction in Dundahera, Ghaziabad, Uttar Pradesh
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
Submission Date:2025-11-19
Bid Start Date:2025-11-20
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Retail Lending and Payment Group
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mukesh Singh
Contact no:+91-9873015430