Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614660
Bank Name:Liquidation E-Auction
Branch Name:Gurgaon
Reserve Price:₹12,11,00,000
EMD:₹25,00,000
Bid Increment:₹25,00,000
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-27
Property Description
A valuable land and building property located in the Hussainpura area of Ludhiana, Punjab. This asset is part of a liquidation auction, offering a unique opportunity for investors and buyers. The property falls under the residential category and is situated in a well-known locality within Ludhiana.
State:Punjab
City:Ludhiana
Area:Hussainpura
Asset Category:Residential
Full Address:Village Hussainpura, Near Hotel Amaltas, GT Road, Ludhiana, Punjab, Hussainpura, Ludhiana
Size:3630 Sq. Yards
Auction Description
This is a liquidation e-auction for a land and building property in Hussainpura, Ludhiana, Punjab. The auction is being conducted by Liquidation E-Auction. The reserve price is ₹12,11,00,000 and the EMD is ₹25,00,000. The auction will commence on November 27, 2025, at 11:00 AM and conclude at 03:00 PM on the same day. This is a liquidation auction for VENUS GARMENTS (INDIA) LIMITED - In Liquidation.
Borrower Name:VENUS GARMENTS (INDIA) LIMITED - In Liquidation
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a sizable land and building in an industrial area, offering potential for redevelopment or continued industrial use. The reserve price is substantial, requiring careful due diligence, while the location on GT Road provides good accessibility. Given the terms and the specific nature of an industrial liquidation, this presents a calculated investment opportunity.
Contact Details
Branch:Branch Office : Gurgaon
Service Provider:BAANKNET
Contact Details:
Pramod Kumar Misra
Contact no:+919810702519
