House for auction Guru Gobind Singh Nagar Ludhiana 10 lakh Canara Bank

A residential house located in the established area of Guru Gobind Singh Nagar, Ludhiana, Punjab. This property is being auctioned by Canara Bank under the SARFAESI Act. The property is situated in a well-developed locality, offering a prime opportunity for homeowners and investors alike. The exact dimensions and condition of the house will be available for inspection prior to the auction.

This is a SARFAESI auction conducted by Canara Bank for a residential house in Guru Gobind Singh Nagar, Ludhiana, Punjab. The bidding will commence with a reserve price of INR 10,30,000, with an Earnest Money Deposit (EMD) of INR 1,03,000 required to participate. The auction is scheduled for 20-11-2025, with bidding open from 11:30 AM to 12:30 PM. Interested parties are encouraged to review all auction terms and conditions provided by Canara Bank.

The property is a residential house in Ludhiana, offered at a reasonable reserve price. The location and size suggest potential for a solid investment, but the lack of specific auction dates and detailed legal information necessitates careful due diligence before bidding. It's a calculated opportunity with moderate risk.