Property for Auction in Chandigarh, Chandigarh, Punjab
Auction ID:600932
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹3,76,00,000
EMD:₹37,60,000
Service Provider:BAANKNET
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 12:00 PM
This auction features industrial land and a building located in Chandigarh, Chandigarh. The property is categorized as an industrial asset and is being auctioned by the Union Bank of India under the SARFAESI Act. It presents a significant opportunity for industrial development or expansion in a prime location.
State:Punjab
City:Chandigarh
Area:Chandigarh
Asset Category:Industrials
Union Bank of India is conducting a SARFAESI auction for industrial land and a building in Chandigarh. The reserve price is INR 3,76,00,000, with an Earnest Money Deposit (EMD) of INR 37,60,000. The auction will take place on October 30, 2025, commencing at 12:00 PM and concluding at 05:00 PM. This is a prime opportunity to acquire industrial real estate.
Borrower Name:M/s Bimia Rice International
Auction Type:SARFAESI Auction
No. 82912 20220