Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:611583
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹11,62,000
EMD:₹1,16,200
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
This is a residential house located in the Bhagu area of Bathinda, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. It represents an opportunity to acquire a house in a well-known city in Punjab. The borrower associated with this property is Sh. Amritpal Singh. The auction is a single-day event, offering a chance for interested parties to bid on this asset.
State:Punjab
City:Bathinda
Area:Bhagu
Asset Category:Residential
Full Address:Khewat /Khatoni No. 8/19, Khasra No. 952(5-10), 1076/58(1-12), Vakya Rakba Village Bhagu, District Bathinda, Bhagu, Bathinda
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential house in Bhagu, Bathinda, Punjab. The auction will take place on 20-11-2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price for this property is ₹11,62,000, with an Earnest Money Deposit (EMD) of ₹1,16,200 required to participate. This is a timed online auction, providing a straightforward process for potential buyers to submit their bids within the specified timeframe.
Borrower Name:Sh. Amritpal Singh
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Bathinda, along with the relatively low reserve price, presents a calculated opportunity. However, the lack of specific details regarding size and auction dates requires careful consideration. A detailed inspection and due diligence are recommended before bidding.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
