Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609257
Bank Name:SBFC Finance Ltd
Branch Name:Registered office
Reserve Price:₹16,66,850
EMD:₹1,66,685
Auction Time:12:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-08
Property Description
Prime commercial shop located in the bustling Sadar area of Gorakhpur, Uttar Pradesh. This property offers excellent visibility and accessibility, making it an ideal investment for various business ventures. Situated in a well-developed commercial hub, it presents a significant opportunity for growth and profitability. The asset category is commercial, specifically a shop, ready for its next phase of business operation.
State:Uttar Pradesh
City:Gorakhpur
Area:Sadar
Asset Category:Commercial
Full Address:LG 4 & 5, Tanushree Plaza, Shop No. LG 4 & 5, Tanushree Plaza, Shahpur (Dharamapur), Tappa Kasba, Pargana Haveli, Tehsil Sadar, District Gorakhpur, Shahpur, Gorakhpur
Building/Society:Tanushree Plaza
Size:31.57 sq. mtrs.
Auction Description
This SARFAESI auction, conducted by SBFC Finance Ltd, features a commercial shop in Sadar, Gorakhpur. The auction will commence on December 8, 2025, at 12:30 PM and conclude at 01:30 PM on the same day. The reserve price is set at 1,666,850.0, with an Earnest Money Deposit (EMD) of 166,685.0 required to participate. Don't miss this chance to acquire a valuable commercial asset in a key location.
Borrower Name:M/S Atharv Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Anil Kumar Yadav, Shobha Devi, Balkrishna Yadav, Arun Kumar Yadav, Devendra Kumar Yadav
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
This commercial shop in Gorakhpur presents a calculated opportunity. The location in Shahpur, while not a prime metro area, has commercial potential. The reserve price seems reasonable, but due diligence is needed to assess local market conditions and potential returns.
Contact Details
Branch:Branch Office : Registered office
Service Provider:Public Auction
Contact Details:
Surendra Pareek/Saurabh Tripathi
Contact no:+919530088330/+917007249655
