Property for Auction in Sabauli, Lucknow, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610975
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹24,50,000
EMD:₹2,45,000
Auction Time:10:00 AM to 2:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-19
Bid Start Date:2025-11-20
A prime commercial shop located in Sabauli, Lucknow, Uttar Pradesh, offered by Canara Bank. This property presents a valuable opportunity for business owners and investors in a developing area. Its strategic location within Lucknow ensures accessibility and potential for growth. The commercial nature of the shop makes it suitable for a variety of retail or service-based ventures. Don't miss this chance to acquire a commercial asset in a prominent city.
State:Uttar Pradesh
City:Lucknow
Area:Sabauli
Asset Category:Commercial
Full Address:405, Sukhraj Tower, Flat No. 405, 4th Floor of Building Sukhraj Tower, Build over Plot No. 3, 4 & 5. Part of Khasra No. 418, Village-Betha Sabauli, Sabauli, Lucknow
Building/Society:Sukhraj Tower
Size:1210 Sq.ft.
Canara Bank is conducting a SARFAESI auction for a commercial shop in Sabauli, Lucknow. The auction will commence on November 20, 2025, at 10:00 AM and conclude at 02:00 PM on the same day. The reserve price for this asset is ₹24,50,000, with an Earnest Money Deposit (EMD) of ₹2,45,000 required to participate. This is a unique opportunity to acquire commercial property through a transparent bank auction process. Ensure you are registered and prepared to bid on this valuable offering.
Borrower Name:Smt. Shagufta Khan
Auction Type:SARFAESI Auction
Guarantor Names:Mohd Riyaz Siddiqui
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a commercial shop in Lucknow, offered at a reasonable reserve price. While the location isn't specified as a high-traffic area, the physical possession status is a positive. The auction terms are standard, suggesting a moderate investment opportunity.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer, Canara Bank
Contact no:7652056616