House for auction 507 Smt. Veena Rani Wio Sh. Ashok Kumar, Raikot, Ludhiana by SBI

Residential house on land measuring 507 sq. yrd situated at Mohalla Molvian Road Raikot Distt-Ludhiana. The property is an equitable mortgage with land registered vide vasika no 4060 dated 24.02.2003 (265 sq. yards) and vasika no. 516 dated 12.05.2003 (242 sq. yards) in the names of Smt. Veena Rani W/o Sh. Ashok Kumar and Poonam Rani W/o Sh. Pankaj Kumar. The property is cross-collateralized with M/s Kapish Traders & HL-Veena Rani & Poonam Arora. Physical Possession dated 03.10.2018.

This is a SARFAESI auction for a residential house located in Raikot, Ludhiana, Punjab. The property is situated on land measuring 507 sq. yrd. The auction is being conducted by the State Bank of India, Stressed Assets Recovery Branch. The property is described as an equitable mortgage through an extension of a residential house. The land comprises two registered vasikas: vasika no 4060 dated 24.02.2003 for 265 sq. yards and vasika no. 516 dated 12.05.2003 for 242 sq. yards. The property is in the name of Smt. Veena Rani, wife of Sh. Ashok Kumar, and Poonam Rani, wife of Sh. Pankaj Kumar. It is cross-collateralized with M/s Kapish Traders & HL-Veena Rani & Poonam Arora. Physical possession of the property was taken on 03.10.2018. The reserve price is 6600000.00 and the EMD is 660000.00. The auction starts on 25-03-2025 at 11:00 AM and ends on 25-03-2025 at 04:00 PM. The application submission date is 24-03-2025 by 05:00 PM. For inquiries, contact Chanchal Singh at 955770170.