Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611150
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹15,04,000
EMD:₹1,50,400
Auction Time:10:00 A.M. to 02.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a bank auction for a commercial shop located in Sultanpur, Lucknow, Uttar Pradesh. The property is being auctioned by Canara Bank as part of a SARFAESI auction. The asset category is commercial, and the specific property type is a commercial shop. The borrower name is Sri Rakesh Kumar. This presents a significant opportunity to acquire commercial real estate in a developing area of Lucknow.
State:Uttar Pradesh
City:Lucknow
Area:Sultanpur
Asset Category:Commercial
Full Address:Shop No 01, Tamir Emarat, Shop No-01, L.G.F in Tamir Emarat, Built on Plot No-91, Being part of Khasra No 136 Madiyaon, Ward-Jankipuram, Jankipuram, Lucknow
Building/Society:Tamir Emarat
Size:19.05 Sqmt
Auction Description
Canara Bank is conducting a SARFAESI auction for a commercial shop in Sultanpur, Lucknow, Uttar Pradesh. The auction is scheduled for December 5, 2025, commencing at 10:00 AM and concluding at 02:00 PM. The reserve price for this auction is INR 15,04,000, with an Earnest Money Deposit (EMD) of INR 1,50,400 required to participate. This is a prime opportunity for investors and business owners to acquire commercial property through a transparent bank auction process.
Borrower Name:Sri Rakesh Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Rajni Rastogi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Lucknow, indicating potential for rental income or business operations. While the reserve price seems reasonable, a thorough market analysis is recommended due to the location and specific market conditions. The auction terms are standard, making it a calculated opportunity for interested investors.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9461842537
