Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614661
Bank Name:Liquidation E-Auction
Branch Name:Gurgaon
Reserve Price:₹5,23,00,000
EMD:₹10,45,000
Bid Increment:₹1,50,000
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
This is a liquidation auction for a land and building property located in Taraf Karabara, Ludhiana, Punjab. The asset is categorized as residential. The borrower is VENUS GARMENTS (INDIA) LIMITED - In Liquidation.
State:Punjab
City:Ludhiana
Area:Taraf Karabara
Asset Category:Residential
Full Address:Khasra No. 12/5-6, Khata No. 2354/2606, 2355/2607, Village Kara Bara, Ludhiana, Punjab, Kara Bara, Ludhiana
Size:1300.25 Sq. Yards
Auction Description
This is a liquidation e-auction with a reserve price of ₹5,23,00,000. The Earnest Money Deposit (EMD) required is ₹10,45,000. The auction will commence on November 27, 2025, at 11:00 AM and conclude at 03:00 PM on the same day. This is an online auction event.
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 land and building in Ludhiana, Punjab, offered at a reserve price of ₹52300000.0. The location and land size present a calculated opportunity, but potential investors should conduct thorough due diligence. Terms of the auction appear standard.
Contact Details
Branch:Branch Office : Gurgaon
Service Provider:BAANKNET
Contact Details:
Pramod Kumar Misra
Contact no:+919810702519
