Property for Auction in Basti Sheikh, Jalandhar, Punjab
Auction ID:574942
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹39,50,000
EMD:₹3,95,000
Service Provider:BAANKNET
Submission Date:23-09-2025 05:00 PM
Bid Start Date:24-09-2025 11:00 AM
This SARFAESI auction presents a residential house located in the prominent area of Basti Sheikh, Jalandhar, Punjab. Owned by M/s Indra International, this property offers a significant opportunity in a well-established locality. Basti Sheikh is known for its blend of residential and commercial activity, providing a convenient and accessible location within Jalandhar city. The property is ideal for individuals or families looking to invest in a home in a sought-after region of Punjab. Its categorization as a residential asset makes it a prime candidate for homeowners and real estate investors.
State:Punjab
City:Jalandhar
Area:Basti Sheikh
Asset Category:Residential
Indian Bank is conducting a SARFAESI auction for a residential house in Basti Sheikh, Jalandhar, Punjab. The auction will commence on September 24, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this valuable property is set at INR 39,50,000, with an Earnest Money Deposit (EMD) of INR 3,95,000 required to participate. This is an excellent chance to acquire a property through a transparent bank auction process. Interested bidders are advised to review all auction terms and conditions provided by Indian Bank.
Borrower Name:M/s Indra International
Auction Type:SARFAESI Auction
CONTACT PERSONS: AUTHORISED OFFICER-AMARJIT SINGH, MOB-+919417643621 BRANCH MANAGER: SHALINI, MOB-+919056744910