House for auction 434 IMMOVABLE PROPERTY, Gulchaman, Ludhiana by BOI

Property for Auction in Gulchaman Gali, Ludhiana, Punjab

Property Type IconProperty Type:
House
Location IconLocation:
Gulchaman Gali, Ludhiana
Auction Date IconAuction Date:
29-08-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:29-08-2025 11:00 AM

Bid Start Date:29-08-2025 12:00 PM

Property Description

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

Auction Description

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

Contact Details

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