Property for Auction in Khilchi Qadim, Firozpur, Punjab
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611617
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹16,53,000
EMD:₹1,65,300
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2024-01-18
This auction features a valuable Land and Building asset located in Khilchi Qadim, Firozpur, Punjab. The property is categorized as Residential and is being auctioned by Canara Bank under SARFAESI regulations. This is a prime opportunity to acquire a property in a developing area. The reserve price for this auction is ₹16,53,000, with an Earnest Money Deposit (EMD) of ₹1,65,300 required to participate. The borrower for this asset is M/s Gurdeep Singh.
State:Punjab
City:Firozpur
Area:Khilchi Qadim
Asset Category:Residential
Full Address:Village Khilchi Qadim, Distt. Ferozepur, Punjab, Khilchi Qadim, Firozpur
Size:11 Marals
Canara Bank presents a SARFAESI auction for a Land and Building property in Khilchi Qadim, Firozpur, Punjab. The auction will take place on 20-11-2025, commencing at 11:30 AM and concluding at 12:30 PM. The minimum bid starts at the reserve price of ₹16,53,000. A mandatory Earnest Money Deposit (EMD) of ₹1,65,300 must be submitted by interested bidders. Don't miss this chance to acquire a residential property in a strategic location. For further details, please refer to the official auction notice.
Borrower Name:M/s Gurdeep Singh
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The land and building in Khilchi Qadim offers a calculated opportunity due to its location and potential for development. The reserve price is reasonable, but further due diligence is needed to assess local market conditions and growth prospects. It's a calculated risk suitable for investors familiar with the Firozpur region.
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
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