Factory Land & Building for Auction Jaspal Nagar Ludhiana by SBI

This industrial property consists of factory land and a building totaling 2660 square yards in Kakowal, Ludhiana, Punjab. The property is divided into two parts: one of 2560 square yards and another of 100 square yards. The larger parcel includes Khasra numbers 14//7/1/2, 18//3/2/2, 18//6 and Khata numbers 409/427, 410/428, 419/437. The smaller parcel includes Khasra numbers 18//4/2,7,8/1 and Khata number 411/429. The property is located in Jaspal Nagar, village Kakowal, Hadbast No. 80. The boundaries for the larger parcel are streets on the East and West (192 feet each) and North (120 feet), with neighboring property to the South (120 feet). The smaller parcel is bounded by a neighbor on the East (15 feet), a 20-foot wide street on the West (15 feet), Gopal Kishan Marzara on the North (60 feet), and Sudhir Jain on the South (60 feet). The property was purchased via sale deed vasika No. 11168 dated 24.08.2011 by M/s Mahajan Fabrics Pvt Ltd.

State Bank of India is conducting a SARFAESI auction for a Factory Land & Building located in Kakowal, Ludhiana, Punjab. The total area of the property is 2660 Sq Yards, comprising two parcels. Parcel (a) measures 2560 Sq Yds (4 Kanal 4-2/3 Marla) in Khasra No. 14//7/1/2, 18//3/2/2, 18//6, Khata No. 409/427, 410/428, 419/437, situated in village Kakowal, Hadbast No. 80, locality Jaspal Nagar. It is bounded by a street on the East and West (192 Feet each) and a street on the North (120 Feet), with neighbor property on the South (120 Feet). Parcel (b) measures 100 Sq Yards in Khasra No. 18//4/2,7,8/1, Khata No. 411/429, also in village Kakowal, Hadbast No. 80, locality Jaspal Nagar. It is bounded by neighbor property on the East (15 Feet), a 20 feet wide street on the West (15 Feet), Gopal Kishan Marzara on the North (60 Feet), and Sudhir Jain on the South (60 Feet). The property was acquired through sale deed vasika No. 11168 dated 24.08.2011 in the name of M/s Mahajan Fabrics Pvt Ltd. The reserve price is 60,500,000.00 and the EMD is 6,050,000.00. The auction will be conducted by BAANKNET and is scheduled to start on 29-07-2025 at 11:00 AM and end on 29-07-2025 at 04:00 PM. Applications for participation must be submitted by 28-07-2025 at 05:00 PM. For further details, contact Sh. Sushil Shrivastva at 8219239766.