Flat for auction 2821 K' Mall commercial Complex, Inderpuri, Ludhiana by Karnataka Bank

Property for Auction in Inderpuri (L), Ludhiana, Punjab

Property Type IconProperty Type:
Flat
Location IconLocation:
Inderpuri (L), Ludhiana
Auction Date IconAuction Date:
19-04-2025 11:30 AM

Auction Details

Auction ID:465119

Bank Name:Karnataka Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:15,01,70,000

EMD:15,01,70,000

Service Provider:bankauctions.in

Important Dates

Submission Date:18-04-2025 05:00 PM

Bid Start Date:19-04-2025 11:30 AM

Property Description

The property is described as the Third and Fourth Floor of the 'K' Mall commercial Complex, bearing MC No. B-17-2821/2-A, 2821/2, 2354/1 & 2353/1, situated at Inderpuri (L), Ludhiana, Punjab. The total built-up area is 50,484.00 square feet. The property includes undivided ownership rights in the land underneath. The boundaries are: East: 20° Wide Road, West: 120' Wide Link Road, North: 9 Acre Scheme, and South: Road. The borrower is M/s BHL Forex & Finlease Ltd.

State:Punjab

City:Ludhiana

Area:Inderpuri (L)

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a Commercial Property located in the 'K' Mall commercial Complex, Near Gian Singh Rare Wale Market, Inderpuri, Link Road Near Preet Palace Cinema, Ludhiana, Punjab. The property comprises the Third and Fourth Floors with a total built-up area of 50,484.00 square feet. The property belongs to M/s BHL Forex & Finlease Ltd. The auction is being conducted by Karnataka Bank, with the service provider being bankauctions.in. The reserve price and EMD are both ₹15,01,70,000.00. The auction will take place on April 19, 2025, from 11:30 AM to 01:30 PM.

Borrower Name:M/s BHL Forex & Finlease Ltd.

Auction Type:SARFAESI Auction

Contact Details

Contact : 011-40591567(Ext-240)

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