Land And Building for auction Rajgarh Ludhiana 94 lakh State Bank of India

This is a SARFAESI auction property located in Raikot, Ludhiana, Punjab, offered by the State Bank of India. The asset category is residential, comprising land and a building. This is a prime opportunity to acquire a property in a developing area. The auction presents a chance for interested buyers to secure a valuable asset. Detailed property inspection is recommended.

State Bank of India is conducting a SARFAESI auction for a residential land and building in Raikot, Ludhiana, Punjab. The auction will take place on November 25, 2025, from 11:00 AM to 04:00 PM. The reserve price is INR 93,90,000, with an Earnest Money Deposit (EMD) of INR 9,39,000 required to participate. This auction provides a transparent platform for the sale of the mortgaged property of M/s Sidhu Rice. All eligible bidders are encouraged to review the terms and conditions thoroughly before participating.

The property presents a reasonable opportunity given its location and type. The reserve price seems fair but further due diligence is needed. Assess market demand to ensure a sound investment.