Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609983
Bank Name:Indian Bank
Branch Name:Zonal Office : LUDHIANA
Reserve Price:₹10,20,000
EMD:₹1,02,000
Auction Time:10:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a vacant residential plot located in Bulara, Ludhiana, Punjab. The plot is being auctioned by Indian Bank under the SARFAESI Act. It offers a prime opportunity for investment or development in a growing area.
State:Punjab
City:Ludhiana
Area:Bulara
Asset Category:Residential
Full Address:33, Green Leaf, Flat No. 33, 2nd floor, Green Leaf, Village Bulara, Bulara, Ludhiana
Building/Society:Green Leaf
Size:600 Sq. Feet
Auction Description
Indian Bank is conducting an online SARFAESI auction for a residential plot in Bulara, Ludhiana, Punjab. The bidding will commence on November 19, 2025, starting at 10:00 AM and concluding at 5:00 PM on the same day. The reserve price for this property is INR 10,20,000, with an Earnest Money Deposit (EMD) of INR 1,02,000 required to participate. This auction is an excellent chance to acquire a plot in a desirable location.
Borrower Name:Mrs. Rita
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Amit Aadia
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a 600 sq ft flat in Bulara, Ludhiana, presents a calculated opportunity due to its relatively affordable reserve price. While not a prime investment, the physical possession status and potential for rental income make it a worthwhile consideration. Further due diligence is advised to confirm the overall market value and encumbrance details.
Contact Details
Branch:Branch Office : Zonal Office : LUDHIANA
Service Provider:BAANKNET
Contact Details:
Contact no:7347035101
