Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609531
Bank Name:Jana Small Finance Bank
Branch Name:Registered Office : Bangalore
Reserve Price:₹6,33,700
EMD:₹63,370
Auction Time:11:00 AM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a residential house located in the Meharban area of Ludhiana, Punjab. The property is being auctioned by Jana Small Finance Bank. It is an excellent opportunity for individuals or families looking to own a home in a well-established locality. The auction will be conducted under the SARFAESI Act.
State:Punjab
City:Ludhiana
Area:Meharban
Asset Category:Residential
Full Address:71, Radha Swami Colony, Radha Swami Colony Meharban, Tehsil & Dist. Ludhiana, Punjab, Meharban, Ludhiana
Building/Society:Radha Swami Colony
Size:50 Sq Gaj
Auction Description
Jana Small Finance Bank is conducting a SARFAESI auction for a residential house in Meharban, Ludhiana, Punjab. The auction will take place on December 3, 2025, from 11:00 AM to 01:00 PM. The reserve price for this property is ₹6,33,700, with an Earnest Money Deposit (EMD) of ₹63,370 required to participate. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mr. Ravi Shankar Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ranee Devi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Ludhiana, offered at a reasonable reserve price. While the location is not specified as prime, the property size and residential nature present a good opportunity. The calculated opportunity rating reflects a moderate risk, balanced by potential value appreciation in the Ludhiana real estate market.
Contact Details
Branch:Branch Office : Registered Office : Bangalore
Service Provider:bankauctions.in
Contact Details:
Mr. Ranjan Naik
Contact no:6362951653
