Commercial Building for Auction Taraf Jodhewal Kuldip Nagar Ludhiana 2.3 Crore by Union Bank of India 14 Jul 2026
Taraf Jodhewal, Kuldip Nagar, Ludhiana
Area: 370.0 sq. yards
Opposite Street No. 4, Kuldip Nagar, Rahon Road, Taraf Jodhewal, Ludhiana
Union Bank of India · Asset Recovery Branch
Reserve price
₹2,30,00,000
EMD ₹23,00,000
Auction date
14 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 370.0 sq. yards
- ▸Locality: Taraf Jodhewal, Kuldip Nagar
- ▸Reserve: ₹2,30,00,000
- ▸EMD: ₹23,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Building · Commercial |
| Locality | Taraf Jodhewal, Kuldip Nagar |
| Built-up / plot area | 370.0 sq. yards |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | MC No. B-XXIV-2442, B-XXIV-2526/1 and B-XXIV-2441 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,30,000 |
| Service provider | BAANKNET |
About this property
Commercial Building bank auction in Taraf Jodhewal, Kuldip Nagar, Ludhiana by Union Bank of India — reserve price ₹2,30,00,000, 370.0 sq. yards, Symbolic possession.
Discover a prime bank auction property: a commercial cum residential building (Lot 4) spanning 370 sq. yards in the well-connected Taraf Jodhewal, Kuldip Nagar area of Ludhiana, Punjab. Offered by Union Bank of India, this mixed-use property bears MC No. B-XXIV-2442, B-XXIV-2526/1, B-XXIV-2441 and is strategically located opposite Street No. 4, Kuldip Nagar, Rahon Road. The e-auction has a reserve price of ₹2.3 crore, with an EMD of ₹23 lakh and a bid increment of ₹2.3 lakh. Auction scheduled for July 7, 2026, from 12:00 PM to 05:00 PM. Possession is symbolic, with a pending SA case (Next Hearing: April 13, 2026). An excellent investment for both commercial ventures and residential living.
GeoSquare note: This commercial cum residential building in Taraf Jodhewal, Kuldip Nagar, Ludhiana, offers a significant investment opportunity due to its versatile mixed-use nature and good location in a prominent city. While currently under symbolic possession with a pending SA, these are common aspects of bank auctions and the known legal status is a manageable risk. The competitive reserve price of ₹2.3 crore, coupled with a 1% bid increment, presents a strong value proposition for potential investors.
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