Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612321
Bank Name:Punjab National Bank
Branch Name:Regional bank
Reserve Price:₹47,85,000
EMD:₹4,78,500
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction by Punjab National Bank for a residential Land and Building property located in Ludhiana, Punjab. The property is being auctioned due to the borrower M/s Azad Bakers. This is a significant opportunity to acquire a property in a prime location within Ludhiana.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:Street no.5, Block No. C Bhai Himat Singh Nagar, Bhai Himat Singh Nagar, Ludhiana
Size:400 sq. yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Ludhiana, Punjab. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this auction is ₹47,85,000, with an Earnest Money Deposit (EMD) of ₹4,78,500. Interested bidders should review all auction terms and conditions.
Borrower Name:M/s Azad Bakers
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Navpuneet, Mr. Raman Arora
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Secured Creditor
Why This Property
The property offers a reasonable opportunity given its location in Ludhiana and size. However, the price point and auction terms require careful consideration. It is located in Bhai Himat Singh Nagar, Ludhiana.
Contact Details
Branch:Branch Office : Regional bank
Service Provider:BAANKNET
Contact Details:
RAJ KAMAL NEGI
Contact no:82196-66648
