Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609431
Bank Name:Canara Bank
Branch Name:Regional Office : Gurgaon
Reserve Price:₹11,16,000
EMD:₹1,11,600
Auction Time:12:30 PM to 1:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
A valuable commercial shop located in the bustling area of Sohna, Gurugram, Haryana. This property, previously owned by Ms. Prachi Traders, presents an excellent investment opportunity in a prime commercial hub. Ideal for retail or business ventures, it is situated in a region known for its growing economic activity. The property is being auctioned by Canara Bank under the SARFAESI Act, offering a straightforward acquisition process.
State:Haryana
City:Gurugram
Area:Sohna
Asset Category:Commercial
Full Address:New ward no 18, Ground Floor, Near Jain Mandir, Lohiawara, Lohiawara, Sohna
Size:20.63 Sq Yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a commercial shop in Sohna, Gurugram, Haryana. The auction will take place on November 20, 2025, starting at 12:30 PM and concluding at 01:30 PM. The reserve price for this asset is ₹11,16,000, with an Earnest Money Deposit (EMD) of ₹1,11,600 required to participate. This is a fantastic opportunity to acquire commercial real estate in a developing area of Gurugram.
Borrower Name:Ms. Prachi Traders
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sameer Verma
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Sohna, a developing area of Gurugram. While the price is relatively low, potential investors should carefully assess the location's commercial viability and growth prospects before bidding. The physical possession status adds a positive aspect.
Contact Details
Branch:Branch Office : Regional Office : Gurgaon
Service Provider:BAANKNET
Contact Details:
Sh.S. Rajangam
Contact no:7082009439
