Property for Auction in Batala, Gurdaspur, Punjab
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611129
Bank Name:Central Bank of India
Branch Name:Regional Office
Reserve Price:₹4,75,000
EMD:₹47,500
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-25
Bid Start Date:2025-11-26
This offering features a prime parcel of industrial land located in Batala, Gurdaspur, Punjab. Situated in a key industrial area, this property presents a significant opportunity for businesses seeking to establish or expand their operations. The land is being auctioned by the Central Bank of India under SARFAESI proceedings. Its strategic location offers excellent connectivity and potential for development, making it an attractive investment for industrial ventures. Ideal for manufacturing, warehousing, or other industrial applications.
State:Punjab
City:Gurdaspur
Area:Batala
Asset Category:Industrials
Full Address:Village Faizpura, Tehsil Batala, Distt. Gurdaspur, Faizpura, Batala
Size:4.25 Marla
Central Bank of India is conducting a SARFAESI auction for industrial land in Batala, Gurdaspur, Punjab. The reserve price for this valuable asset is INR 4,75,000, with an Earnest Money Deposit (EMD) of INR 47,500 required. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. This is a direct opportunity to acquire industrial property from a leading financial institution. Prospective bidders are advised to review all auction terms and conditions prior to participation.
Borrower Name:M/s Suguna Industries
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Jatinder Mohan
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is an industrial land located in Batala, which offers a calculated opportunity for investors. The reserve price is relatively low, but the potential return depends on the specific use and market demand in the area. Investors should conduct due diligence to assess the market and potential use of the land.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Piyush Tiwari
Contact no:99776-01800