Shop for auction Sabauli Lucknow 25 lakh Canara Bank

Property for Auction in Sabauli, Lucknow, Uttar Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
1210 Sq.ft.
Reserve Price
24,50,000
Reserve Price
24,50,000
EMD Required
2,45,000
Property Specifications
Society/BuildingSukhraj Tower
Size1210 Sq.ft.
Unit No.405
Floor4th Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Sabauli, Lucknow
Auction Date IconAuction Date:
20-11-2025 10:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Authorized Officer, Canara Bank

Contact no:7652056616

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