House for auction 118 DADA COLONY - Jalandhar - Jalandhar by BOI

A prime residential house located in Jalandhar, Punjab, is being offered for auction by the Bank of India. Situated in the heart of Jalandhar city, this property presents a unique opportunity for homebuyers or investors. Its categorization as a residential asset ensures it is suitable for personal living or rental purposes. The property's specific address details and boundaries will be made available to interested parties during the auction process. This is a direct sale through a SARFAESI auction, providing a transparent and regulated platform for acquisition. The house is part of a bank auction, ensuring a clear title and a straightforward transaction process. Ideal for those seeking a property in a well-established locality within Jalandhar.

The Bank of India is conducting a SARFAESI auction for a residential house in Jalandhar, Punjab. The auction will commence on September 26, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price for this property is set at ₹2,359,000.00, with an Earnest Money Deposit (EMD) of ₹235,900.00 required to participate. This auction is an excellent chance to acquire a residential property directly from the bank. All bidding will take place online, adhering to SARFAESI guidelines. Interested bidders must ensure they have submitted the EMD and completed all necessary registration formalities before the auction closes. This is a legally sound process facilitated by the Bank of India.