14.61 sq meter Commercial Building for Auction in Lucknow – Indian Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

14.61 sq meter (≈ 157 sq ft)

Reserve price / sq ft

₹7,376

Locality

—

City

Lucknow

State

Uttar Pradesh

Pincode

226024

Address

Lucknow, Uttar Pradesh, 226024 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

LUCKNOW JANAKIPURAM - 5993

Auction type

SARFAESI Auction

Borrower

M/s Shri B***** T***** A*** K**** V**** (***** F*** / B*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 03:30 PM

EMD submission deadline

18 Nov 2026, 02:00 PM

Inspection

13 Oct 2026, 10:00 AM – 17 Nov 2026, 04:00 PM

Authorised officer

Davinder Thind

Officer contact

7017639812

E-auction portal

BAANKNET (Property ID IDIBLUK0111L559)

Price Check

This listing's reserve price works out to ₹7,376 per sq ft. The average across commercial bank auctions in Lucknow on our site is ₹15,218 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 13 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIBLUK0111L559)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 02:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.