Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612323
Bank Name:Punjab National Bank
Branch Name:Regional bank
Reserve Price:₹43,60,000
EMD:₹4,36,000
Bid Increment:₹20,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This industrial asset, located in Ludhiana, Punjab, comprises factory land and a building. It was formerly owned by M/s Shri Bala Ji Clothing. The property is being auctioned by Punjab National Bank under SARFAESI proceedings. This is a significant opportunity for industrial investment in a key manufacturing hub. The property is situated in the Ludhiana area, offering strategic advantages for business operations.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Industrials
Full Address:27, Jaiswal Complex, #Plot No. 27, Jaiswal Complex, Kaka Village Road, Opposite Central Jail, Tajpur Road, Jamalpur Awana, Abadi Preet Nagar, Ludhiana
Building/Society:Jaiswal Complex
Size:291.22 sq. Yrds
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a factory land and building in Ludhiana, Punjab. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this industrial asset is ₹43,60,000, with an Earnest Money Deposit (EMD) of ₹4,36,000 required to participate. This is a direct opportunity to acquire industrial property through a bank auction.
Borrower Name:M/s Shri Bala Ji Clothing
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Secured Creditor
Why This Property
The factory land in Ludhiana presents a calculated opportunity due to its industrial zoning and manageable reserve price. While the location is not prime, the price-to-size ratio and auction terms suggest moderate potential. Further due diligence is required to assess the specific market and building conditions.
Contact Details
Branch:Branch Office : Regional bank
Service Provider:BAANKNET
Contact Details:
Contact no: —
