205.39 sq meter Commercial Building for Sale (Bank Auction) in Lucknow – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

205.39 sq meter (≈ 2,210 sq ft)

Reserve price / sq ft

₹8,554

Locality

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City

Lucknow

State

Uttar Pradesh

Pincode

226022

Address

Lucknow, Uttar Pradesh, 226022 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB LUCKNOW 827200

Auction type

SARFAESI Auction

Borrower

M/S E***** P**** A** A***** E***** P*** L**

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID PUNB8272000152)

Price Check

This listing's reserve price works out to ₹8,554 per sq ft. The average across commercial bank auctions in Lucknow on our site is ₹10,404 per sq ft, so this one is 18% 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.

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 PUNB8272000152)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on — 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.