Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611485
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹9,40,000
EMD:₹94,000
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 Tafazalpura area of Patiala, Punjab. The property is being auctioned by Canara Bank.
State:Punjab
City:Patiala
Area:Tafazalpura
Asset Category:Residential
Full Address:805, Residential House No. 805, situated at Tafazapura, Tehsil and Distt. Patiala as per Jamabandi 2018-19 comprised Khewat No 594/594-595, Khatouni No. 1230 Khasra No. 71//2(38-9) Total 38 Kanal 9 Marla out of Which 0-5-Maria i.e. 142 Sq. Yards, Tafazalpura, Patiala
Size:142 sq. yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential house in Tafazalpura, Patiala. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹9,40,000, with an Earnest Money Deposit (EMD) of ₹94,000 required. This is an opportunity to acquire a property in Patiala.
Borrower Name:M/s Verma Trading
Auction Type:SARFAESI Auction
Why This Property
The property in Tafazalpura, Patiala, represents a calculated opportunity due to its residential nature and location. The reserve price seems reasonable, but a thorough inspection and market analysis are advised before bidding. The auction terms should be carefully reviewed.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
