Property for Auction in Raikot, Ludhiana, Punjab
Auction ID:591123
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH , Ludhiana
Reserve Price:₹93,90,000
EMD:₹9,39,000
Service Provider:BAANKNET
Submission Date:28-10-2025 05:00 PM
Bid Start Date:29-10-2025 11:00 AM
Prime Land and Building located in Raikot, Ludhiana, Punjab. This valuable asset offers significant potential for various uses. Situated in a developing area, it presents an excellent opportunity for investors or those seeking a property in a well-connected region. The land and building are part of a SARFAESI auction conducted by the State Bank of India.
State:Punjab
City:Ludhiana
Area:Raikot
Asset Category:Residential
State Bank of India is holding a SARFAESI auction for Land and Building in Raikot, Ludhiana on October 29, 2025. The auction will commence at 11:00 AM and conclude at 04:00 PM. The reserve price is set at ₹93,90,000, with an Earnest Money Deposit (EMD) of ₹9,39,000 required to participate. This is a prime opportunity to acquire property in Punjab. The auction is against the borrower M/s Sidhu Rice.
Borrower Name:M/s Sidhu Rice
Auction Type:SARFAESI Auction
Jaibir Singh ; 9988192220