Land And Building for auction Kharar SAS Nagar 2 Cr IDFC FIRST Bank Ltd

This bank auction presents a prime opportunity to acquire a Land and Building property in Kharar, SAS Nagar, Punjab. Classified under the Residential asset category, this property is offered by IDFC First Bank Ltd. It is part of a SARFAESI auction, presenting a chance for investment or personal use in a developing area. The property's location in SAS Nagar, a well-connected district in Punjab, adds to its appeal for potential buyers seeking real estate in the region.

IDFC First Bank Ltd is conducting a SARFAESI auction for a Land and Building property located in Kharar, SAS Nagar, Punjab. The auction will commence on November 20, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this residential asset is INR 2,40,08,400, with an Earnest Money Deposit (EMD) of INR 24,00,840 required to participate. This auction provides a significant opportunity for interested parties to bid on this property under the SARFAESI Act.

The property is a land and building located in Kharar, a developing area. The reserve price seems reasonable. However, due diligence is crucial to assess the property's market value and any potential risks before bidding.