Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611482
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹14,68,000
EMD:₹1,46,800
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 Dhakraba, Patiala, Punjab. The property is being auctioned by Canara Bank due to loan default by the borrower, Mrs. Bant Kaur. It is a SARFAESI auction offering a unique opportunity to acquire a home in a well-established area. The property is suitable for residential use and is part of a bank auction in a prime location.
State:Punjab
City:Patiala
Area:Dhakraba
Asset Category:Residential
Full Address:15, House No. 15, Village Dhakraba, Tehsil & Distt. Patiala, Dhakraba, Patiala
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential house in Dhakraba, Patiala, Punjab. The auction will take place on 20-11-2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this property is ₹14,68,000, with an Earnest Money Deposit (EMD) of ₹1,46,800 required to participate. This is a significant opportunity for potential buyers to acquire a property through a bank auction.
Borrower Name:Mrs. Bant Kaur
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a rural setting. While the reserve price seems reasonable, the limited information and location suggest a calculated approach. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
