Property for Auction in Kakowal, Ludhiana, Punjab
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614662
Bank Name:Liquidation E-Auction
Branch Name:Gurgaon
Reserve Price:₹15,42,00,000
EMD:₹31,00,000
Bid Increment:₹25,00,000
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-24
Bid Start Date:2025-11-27
This offering features a valuable Land and Building asset located in Kakowal, Ludhiana, Punjab. As part of a liquidation auction, this property presents a unique opportunity for investors and developers. The asset is categorized as Residential, making it suitable for a variety of development projects. Don't miss the chance to acquire this property in a key area of Ludhiana.
State:Punjab
City:Ludhiana
Area:Kakowal
Asset Category:Residential
Full Address:B-XXXII-E6/1540, Kakowal Road, Ludhiana, Punjab, Kakowal, Ludhiana
Size:4840 Sq. Yards
This is a Liquidation E-Auction for a Land and Building property in Kakowal, Ludhiana, Punjab, belonging to VENUS GARMENTS (INDIA) LIMITED - In Liquidation. The auction is scheduled to commence on November 27, 2025, at 11:00 AM and conclude at 03:00 PM on the same day. The reserve price for this auction is ₹15,42,00,000, with an Earnest Money Deposit (EMD) of ₹31,00,000. Participate in this e-auction to secure this prime real estate.
Borrower Name:VENUS GARMENTS (INDIA) LIMITED - In Liquidation
Auction Type:Liquidation Auction
Encumbrance Details:Not Known to Bank
This industrial land and building in Ludhiana presents a calculated opportunity due to its size and location. The reserve price is relatively high, but the potential for industrial use could justify the investment. Prospective buyers should carefully review the terms and conditions of the auction and conduct thorough due diligence.
Branch:Branch Office : Gurgaon
Service Provider:BAANKNET
Contact Details:
Pramod Kumar Misra
Contact no:+919810702519