Property for Auction in Dholewal, Ludhiana, Punjab
Auction ID:599073
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹1,55,00,000
EMD:₹15,50,000
Service Provider:BAANKNET
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 12:00 PM
Union Bank of India presents a SARFAESI auction for industrial property in Dholewal, Ludhiana, Punjab. This auction includes factory land and a building, previously owned by Mis Akshra Industrial Corporation. The property is situated in the industrial hub of Ludhiana, offering significant potential for manufacturing or warehousing operations. Key details include a reserve price of INR 1,55,00,000 and an EMD of INR 15,50,000. This is a prime opportunity for investors and businesses looking to acquire a substantial industrial asset in a well-connected region.
State:Punjab
City:Ludhiana
Area:Dholewal
Asset Category:Industrials
Union Bank of India will conduct an online SARFAESI auction for a factory land and building in Dholewal, Ludhiana, Punjab. The auction is scheduled for October 30, 2025, commencing at 12:00 PM and concluding at 05:00 PM. The reserve price is set at INR 1,55,00,000, with an Earnest Money Deposit (EMD) of INR 15,50,000 required to participate. This auction provides a transparent and competitive platform for acquiring industrial real estate. Interested bidders are advised to review all auction terms and conditions prior to the bidding period.
Borrower Name:Mis Akshra Industrial Corporation
Auction Type:SARFAESI Auction
Contact Mob. No. 83760-02606, Email-arb.ludhiana@unionbankofindia.bank.in