Property for Auction in Jalalabad, Fazilka, Punjab
Auction ID:453272
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹4,74,00,000
EMD:₹47,40,000
Service Provider:BAANKNET
Submission Date:10-03-2025 05:00 PM
Bid Start Date:11-03-2025 11:00 AM
The property consists of factory land measuring a total of 59K-01M (35725.00 sqyds) situated at Fazilka Road, Jalalabad West, District Fazilka-152024, Punjab. The land is covered by nine title deeds, indicating a complex ownership history or land parcels consolidated under the mortgage. The borrower is M/S JOSAN INDUSTRIES. The asset category is Residential, and the property type is a House.
State:Punjab
City:Fazilka
Area:Jalalabad
Asset Category:Residential
This is a SARFAESI Auction conducted by the State Bank of India for a House property located at Fazilka Road, Jalalabad West, District Fazilka-152024, Punjab. The property is identified by PROPERTY ID SBIN100001311613. The auction includes Lot 8, which consists of equitable mortgage of factory land covered by nine title deeds, totaling 59K-01M (35725.00 sqyds). The land is in the name of M/S JOSAN INDUSTRIES and M/s Josan Rice Mills. The auction has a reserve price of 47,400,000.00 and an Earnest Money Deposit (EMD) of 4,740,000.00. The auction is scheduled for March 11, 2025, from 11:00 AM to 04:00 PM. Applications must be submitted by March 10, 2025, 05:00 PM. For inquiries, contact Mr. Virender K Karwal at 8288067301 or Mr. Devender Kumar at 9316307706, or email sbi.15631@sbi.co.in. The service provider is BAANKNET.
Borrower Name:M/S JOSAN INDUSTRIES
Auction Type:SARFAESI Auction
Contact No : Mr. Virender K Karwal, Mobile No. 8288067301 and Mr. Devender Kumar, Mobile No. 9316307706, E-mail: sbi.15631@sbi.co.in.