House for Auction Basant Nagar Ludhiana 24.3 Lakh by Canara Bank 25 Jun 2026
Basant Nagar, Ludhiana
Area: 111 Sq. Yards
Plot No. 42, Village Partap Singh Wala, Hadbast No. 151, locality known as Basant Nagar, Tehsil and Distt. Ludhiana, Punjab
Canara Bank · Recovery & Legal Section, Circle Office
Reserve price
₹24,30,000
EMD ₹2,43,000
Auction date
25 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 111 Sq. Yards
- ▸Locality: Basant Nagar
- ▸Reserve: ₹24,30,000
- ▸EMD: ₹2,43,000
Auction snapshot
| Possession | Symbolic |
| Property type | House · Residential |
| Locality | Basant Nagar |
| Built-up / plot area | 111 Sq. Yards |
| Lender | Canara Bank |
| Branch | Recovery & Legal Section, Circle Office |
| Unit / flat no. | Plot No. 42 |
| Building / society | Basant Nagar |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
House bank auction in Basant Nagar, Ludhiana by Canara Bank — reserve price ₹24,30,000, 111 Sq. Yards, Symbolic possession.
Discover a residential house available through bank auction in Ludhiana, Punjab. This 111 Sq. Yards house, bearing Plot No. 42, is located in the well-known Basant Nagar locality, Village Partap Singh Wala. The property is offered by Canara Bank with a reserve price of ₹2,430,000.0. An Earnest Money Deposit (EMD) of ₹243,000.0 is required. The e-auction is scheduled for June 25, 2026, from 11:30 AM to 12:30 PM. This bank auction property presents a fair option for investors looking for residential properties in Ludhiana. Possession is symbolic, and it is advised to check the property details thoroughly.
GeoSquare note: This 111 Sq. Yards residential house in Basant Nagar, Ludhiana, presents a fair investment opportunity due to its location and a reasonable reserve price of ₹2,430,000.0. The property type (house) and area are suitable for residential use. However, the symbolic possession status introduces a degree of risk and potential delay for the buyer, justifying a 'Fair Option' rather than a 'Strong Buy'.
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