Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611311
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹64,00,000
EMD:₹6,40,000
Bid Increment:₹10,000
Auction Time:11:30 to 12:30
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a bank auction for a Land and Building asset located in Bathinda, Punjab, belonging to M/s Fauji Taxi Services. The property is categorized as Residential and is being auctioned by Canara Bank under the SARFAESI Act. The auction presents an opportunity to acquire a property in the Bathinda area.
State:Punjab
City:Bathinda
Area:Bathinda
Asset Category:Residential
Full Address:Street No.5, Baba Farid Nagar, Bathinda, Baba Farid Nagar, Bathinda
Size:297 sq. yds
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Bathinda, Punjab. The auction will take place on November 25, 2025, from 11:30 AM to 12:30 PM. The reserve price for this residential asset is ₹64,00,000, with an Earnest Money Deposit (EMD) of ₹6,40,000 required to participate. Don't miss this chance to bid on this property.
Borrower Name:M/s Fauji Taxi Services
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Inderjit Singh, Sh. Prem Nath Piplani
Legal Details
Encumbrance Details:There are no encumbrances to the knowledge of the Bank
Why This Property
The property is a residential building in Bathinda offered at a reserve price that may represent a reasonable value. However, further due diligence is recommended to assess the property's condition and market value. The auction terms are standard, making it a calculated risk for potential investors.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Shri Manoj S R
Contact no:9855109338
