812.5 sq ft Residential Plot for Auction in Lucknow – Shriram Asset Reconstruction Private Limited

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

812.5 sq ft

Reserve price / sq ft

₹2,126

Locality

—

City

Lucknow

State

Uttar Pradesh

Pincode

212208

Address

All that piece and parcel of mortgaged property bearing Part portion of Arazi No.80 Mi measuring 812.5 Sq.ft i.e. 91 Sq.yards situated at Mauza Wajidpur, Pargana Tehsil Sadar, Prayagraj, Uttar Pradesh Allahabad-212208. Owned by Mr. Rafaquat Ali, S/o. Mr. Liyaqat Ali. The Boundaries are as under: North: Land of Mazrul Haq, West: Part portion of Arazi, South: Boundary wall thereafter 20 feet wide katcha Rasta, East: Part portion of Arazi, View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Shriram Asset Reconstruction Private Limited

Branch

Burkit Road, T. Nagar

Auction type

SARFAESI Auction

Borrower

Mr. R***** A**

Auction start

15 Oct 2026, 10:30 AM

Auction end

15 Oct 2026, 11:30 PM

EMD submission deadline

14 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2392158

Price Check

This listing's reserve price works out to ₹2,126 per sq ft. The average across residential bank auctions in Lucknow on our site is ₹5,469 per sq ft, so this one is 61% 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 (bankauctions.in (4Closure) · Listing 2392158), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,72,700 before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 15 Oct 2026 starting above the reserve price, in multiples of ₹17,270.
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.