Factory land and Building for auction Dholewal Ludhiana 2 Cr Union Bank of India

Property for Auction in Dholewal, Ludhiana, Punjab

Property Type IconProperty Type:
Factory land and Building
Location IconLocation:
Dholewal, Ludhiana
Auction Date IconAuction Date:
30-10-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:29-10-2025 05:00 PM

Bid Start Date:30-10-2025 12:00 PM

Property Description

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

Auction Description

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 Details

Contact Mob. No. 83760-02606, Email-arb.ludhiana@unionbankofindia.bank.in

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