Factory land and Building for auction Hatlimorth Kathua 2 Cr Canara Bank

This auction features a valuable industrial property located in Hatlimorth, Kathua, Jammu and Kashmir. The asset comprises factory land and a building, formerly owned by M/s Chenab Industries Pvt. Ltd. Situated in a developing region, this property presents a significant opportunity for industrial or commercial development. The sale is conducted under the SARFAESI Act by Canara Bank.

Canara Bank is holding a SARFAESI auction for a factory land and building in Hatlimorth, Kathua, Jammu and Kashmir. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this industrial asset is INR 2,16,00,000, with an Earnest Money Deposit (EMD) of INR 21,60,000 required to participate. Interested bidders should review all auction terms and conditions provided by Canara Bank.

The property is an industrial land and building located in Kathua, J&K, which presents a calculated investment opportunity. The reserve price and EMD are significant, but the physical possession and industrial zoning could offer potential for business or development, meriting a cautious approach and further due diligence.