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Commercial Building SARFAESI Auction Symbolic Possession

Commercial Building for Auction in Lucknow – Union Bank

Lucknow, Uttar Pradesh · Auction ID #114834

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Commercial Building for auction in Lucknow – Union Bank – photo 1
Commercial Building for auction in Lucknow – Union Bank – photo 2
Commercial Building for auction in Lucknow – Union Bank – photo 3
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Reserve Price ₹23,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Nov 2026, 12:00 PM In 3 days
EMD Last Date 13 Nov 2026, 04:59 PM In 3 days
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Locality
—
Pincode
226001
Address
Lucknow, Uttar Pradesh, 226001 View on map

Description (as per sale notice)

Shops situated at basement area 174 Sq.ft. and ground floor area 170 Sq.ft., Total constructed area 344 Sq. Ft. i.e. 31.970 Sq. Mt in building known as Goel Market, built on Property No -54,Gautam Budhmarg (Latouche Road),situated at Gautam BudhMarg, Ward - Chandra Bhanu Gupta Nagar, Lucknow- Owner Mr. Rakesh Kumar Mehndi Ratta S/o Shri late Brijlal. Boundaries as per Sale Deed: NORTH -Another portion of the building owned by owner SOUTH -Another portion of the building in possesion of Shri Ram Chandra Jindal EAST -Another portion of the building owned by owner WEST -Building owned by Mohd Ismail and portion of Shri Ram Chandra Jindal

BAANKNET Property ID: UBINLUCARB0297
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB LUCKNOW-578720
Auction type
SARFAESI Auction
Borrower
"M/s M*** T***** P***** M*** M***** M/s S*** T***** C** P**** Mr. R***** K**** M***** Mr. R***** K**** M***** "
Auction start
13 Nov 2026, 12:00 PM
Auction end
13 Nov 2026, 05:00 PM
EMD submission deadline
13 Nov 2026, 04:59 PM
Inspection
—
Authorised officer
VISHAKHA VERMA
Officer contact
8839844672
E-auction portal
BAANKNET (Property ID UBINLUCARB0297)
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How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINLUCARB0297)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 13 Nov 2026, 04:59 PM. It is refunded if you don't win.
  5. Bid online on 13 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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