687.5 sq meter Factory for Auction in Mohalla Kidwai Nagar, Hanuman Murti Road, Moradabad, Barwara Mazra, Moradabad – Union Bank

Property Details

Property type

Factory (Industrial)

Possession

Symbolic Possession

Area

687.5 sq meter (≈ 7,400 sq ft)

Reserve price / sq ft

₹5,432

Locality

Mohalla Kidwai Nagar, Hanuman Murti Road, Moradabad, Barwara Mazra

City

Moradabad

State

Uttar Pradesh

Pincode

244001

Address

MOHALLA KIDWAI NAGAR, HANUMAN MURTI ROAD, MORADABAD, Barwara Mazra, Uttar Pradesh, 244001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

OVERSEAS BRANCH MORADABAD-551384

Auction type

SARFAESI Auction

Borrower

KGN G***** E*****

Auction start

13 Nov 2026, 12:00 PM

Auction end

13 Nov 2026, 05:00 PM

EMD submission deadline

13 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

Ashish Bahuguna

Officer contact

9870584696

E-auction portal

BAANKNET (Property ID UBINMRTMRT7910)

Price Check

This listing's reserve price works out to ₹5,432 per sq ft. The average across industrial bank auctions in Moradabad on our site is ₹5,731 per sq ft, so this one is 5% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

Previous Auctions of This Property

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 UBINMRTMRT7910)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 13 Nov 2026, 05:00 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.