Property for Auction in Gulchaman Gali, Ludhiana, Punjab
Auction ID:560780
Bank Name:Union Bank of India
Branch Name:REGIONAL OFFICE : LUDHIANA
Reserve Price:₹46,50,000
EMD:₹4,65,000
Service Provider:BAANKNET
Submission Date:29-08-2025 11:00 AM
Bid Start Date:29-08-2025 12:00 PM
This is a residential house situated in Gulchaman Gali, Ludhiana, Punjab. The property is being auctioned by Union Bank of India under SARFAESI Act. It represents a significant investment opportunity in a key location within Ludhiana. The property is classified as residential and is being offered with a starting bid of ₹46,50,000. Interested bidders are required to submit an EMD of ₹4,65,000.
State:Punjab
City:Ludhiana
Area:Gulchaman Gali
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential property in Ludhiana, Punjab. The auction for the house located in Gulchaman Gali, formerly owned by M/s V O Maggo Hosiery, will be held on August 29, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at ₹46,50,000, with an Earnest Money Deposit (EMD) of ₹4,65,000 required. This is a prime opportunity to acquire a property in a well-known area of Ludhiana.
Borrower Name:M/s V O Maggo Hosiery
Auction Type:SARFAESI Auction
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