House for auction 12 Residential House, Patti, Tarn Taran by Canara

This auction features a residential house situated in the heart of Patti, Tarn Taran, Punjab. Located at Guru Ram Dass Colony, Ward No. 12, this property spans 4 Marla and is identified by Sale Deed No. 1979 dated August 9, 2012. The property is well-bounded, with its North side adjacent to property owned by others, the South side facing a road, the East side bordered by the house of Bagga Singh, and the West side by the house of Kulwant Singh. This location in Patti, a developing area within the Tarn Taran district, offers potential for comfortable living and possible future appreciation. As a residential asset, it’s an ideal prospect for first-time homebuyers or investors looking to enter the property market through a more accessible route. The property's established boundaries suggest a clear demarcation and a defined neighborhood setting, making it an attractive option for those seeking a home in Punjab.

This SARFAESI auction presents a unique opportunity to acquire a residential house in Patti, Tarn Taran, Punjab. The auction is being conducted by Canara Bank, with the bidding scheduled to commence on July 31, 2025, from 11:30 AM to 12:30 PM. A key requirement for participation is the submission of the Earnest Money Deposit (EMD) of ₹80,000 by July 30, 2025, 05:00 PM. The property, a house measuring 4 Marla located in Guru Ram Dass Colony, Ward No. 12, is being offered with a reserve price of ₹800,000. This process, governed by the SARFAESI Act, is designed for transparency and efficiency, allowing prospective buyers to directly engage with the bank in acquiring distressed assets. For further details and to understand the specific terms and conditions of this auction, interested parties are encouraged to refer to the sale notice available at the provided URL and contact the Recovery & Legal Section of Canara Bank.