39.87 sq meter Commercial Building for Auction in Lucknow – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

39.87 sq meter (≈ 429 sq ft)

Reserve price / sq ft

₹4,949

Locality

—

City

Lucknow

State

Uttar Pradesh

Pincode

226018

Address

Lucknow, Uttar Pradesh, 226018 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

LUCKNOW SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

M/S T***** N**** E*****

Auction start

14 Oct 2026, 10:00 AM

Auction end

14 Oct 2026, 01:00 PM

EMD submission deadline

13 Oct 2026, 05:00 PM

Inspection

07 Oct 2026, 10:00 AM – 07 Oct 2026, 05:00 PM

Authorised officer

UMA SHANKAR

Officer contact

8958314830

E-auction portal

BAANKNET (Property ID CNRB310846950)

Price Check

This listing's reserve price works out to ₹4,949 per sq ft. The average across commercial bank auctions in Lucknow on our site is ₹10,404 per sq ft, so this one is 52% 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 7 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB310846950)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 13 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 14 Oct 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.