Property Type:
Location:
Auction Date:Auction Details
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
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
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
Auction Description
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
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
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.
Contact Details
Branch:Branch Office : RACPC - Ludhiana
Service Provider:BAANKNET
Contact Details:
Jaibir Singh
Contact no:99881-92220
