Property for Auction in Abohar, Fazilka, Punjab
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610930
Bank Name:State Bank of India
Branch Name:RACPC - Ludhiana
Reserve Price:₹23,60,000
EMD:₹2,36,000
Bid Increment:₹25,000
Auction Time:11:00 HRS. TO 16:00 HRS
Service Provider:BAANKNET
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
This is a residential house located in Abohar, Fazilka district, Punjab. The property is being auctioned by the State Bank of India under SARFAESI regulations. It's a valuable opportunity to acquire a house in a well-known area.
State:Punjab
City:Fazilka
Area:Abohar
Asset Category:Residential
Full Address:Mandi No.1, Abohar, Fazilka, Abohar, Fazilka
Size:6 Marlas
State Bank of India is conducting an online SARFAESI auction for a residential house in Abohar, Fazilka. The auction will take place on November 25, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹23,60,000, with an Earnest Money Deposit (EMD) of ₹2,36,000 required. This auction is for the property of M/s Sita Ram Suresh.
Borrower Name:M/s Sita Ram Suresh
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Manoj Kumar Tayal, Sh Sanjay Kumar, Sh Rajesh Kumar, Sh. Pankaj Kumar
Encumbrance Details:Not Known to Bank
The property's location in Abohar presents a moderate investment opportunity. The reserve price appears reasonable for the area, however the smaller property size might limit broader appeal. Proceed with due diligence and consider local market conditions.
Branch:Branch Office : RACPC - Ludhiana
Service Provider:BAANKNET
Contact Details:
Jaibir Singh
Contact no:99881-92220