Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611649
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹10,50,000
EMD:₹1,05,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-11-07
Property Description
This is a residential house located in Jagraon, Ludhiana, Punjab. The property is being auctioned by Canara Bank under SARFAESI Act.
State:Punjab
City:Ludhiana
Area:Jagraon
Asset Category:Residential
Full Address:Village Deharka, Hadbast No. 148, Tehsil Jagraon, Deharka, Ludhiana
Auction Description
Canara Bank is holding a SARFAESI auction for a residential house in Jagraon, Ludhiana, Punjab. The auction starts on November 20, 2025, at 11:30 AM and ends at 12:30 PM on the same day. The reserve price is ₹10,50,000, with an Earnest Money Deposit (EMD) of ₹1,05,000. This is an opportunity to acquire a property through a bank auction.
Borrower Name:Mr. Pritam Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a rural area near Ludhiana. The reserve price is moderate, suggesting a potential investment opportunity. However, the symbolic possession and unknown encumbrances require careful due diligence.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no: —
