Property for Auction in Sadiq, Faridkot, Punjab
Auction ID:519983
Bank Name:Punjab National Bank
Branch Name:ARMB BATHINDA
Reserve Price:₹4,29,50,000
EMD:₹42,95,000
Service Provider:BAANKNET
Submission Date:26-06-2025 05:00 PM
Bid Start Date:27-06-2025 11:00 AM
Factory land and Building situated at Sadiq Road, Faridkot, within the revenue estate of Faridkot acquired vide sale deed No. 1656 dated 15.07.1999 & 1657 dated 15.07.1999. The property measures 29 Kanal 8 Marla, bearing Khewat No. 189, Khatauni No. 309, Khasra No. 5061(14-8), 5062(15-0) rakba Faridkot-II (Agwardh Khokhar) Tehsil and District Faridkot, Hadbast No.75, as per Jamabandi for the year 2019-20. The property stands in the name of M/s National Industries. The boundaries are: East: Vohra Solvex P. Ltd., West: Munshi Singh, North: Agricultural Land, South: Sadiq Road. Plant and machinery are excluded from the sale. There are land arrears amounting to Rs 66,65,887.
State:Punjab
City:Faridkot
Area:Sadiq
Asset Category:Industrials
This is a SARFAESI Auction for a factory land and building located in Sadiq, Faridkot, Punjab, conducted by Punjab National Bank. The property measures 29 Kanal 8 Marla and includes Khewat No. 189, Khatauni No. 309, Khasra No. 5061(14-8), 5062(15-0). The reserve price is INR 4,29,50,000 and the EMD is INR 42,95,000. The auction will take place on June 27, 2025, from 11:00 AM to 4:00 PM. Please note that the plant and machinery are not included in the sale. There are land arrears of Rs 66,65,887 against the property.
Borrower Name:M/S. NATIONAL INDUSTRIES
Auction Type:SARFAESI Auction
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