Property for Auction in Tarn Taran, Amritsar, Punjab
Auction ID:559809
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹25,00,000
EMD:₹2,50,000
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
This auction features a commercial building located in Tarn Taran, Amritsar, Punjab. The property is a commercial asset, suitable for various business ventures. It is being auctioned by Canara Bank as part of a SARFAESI action concerning the borrower, M/s Bhan Electric House. The property offers a strategic location within Amritsar's Tarn Taran area, presenting potential for business growth and investment. Further details regarding the property's specifics, dimensions, and current condition can be obtained from the official auction documents.
State:Punjab
City:Amritsar
Area:Tarn Taran
Asset Category:Commercial
Canara Bank invites bids for a commercial building in Tarn Taran, Amritsar, Punjab, through a SARFAESI auction. The auction will commence on August 30, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this asset is INR 25,00,000, with an Earnest Money Deposit (EMD) of INR 2,50,000. This is a prime opportunity to acquire commercial property in a developing area. Interested parties are encouraged to review all auction terms and conditions provided by Canara Bank.
Borrower Name:M/s Bhan Electric House
Auction Type:SARFAESI Auction
Authorized Officer Μ.: 9517700632