Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614454
Bank Name:Indian Bank
Branch Name:Zonal Office : AMRITSAR
Reserve Price:₹31,00,000
EMD:₹3,10,000
Bid Increment:₹10,000
Auction Time:10:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This SARFAESI auction features a prime residential property, a Land and Building, located in Kala Ghanupur Urban, Amritsar, Punjab. Ideal for investment or personal use, this asset offers a significant opportunity in a developing urban area. The property is being auctioned by Indian Bank.
State:Punjab
City:Amritsar
Area:Kala Ghanupur Urban
Asset Category:Residential
Full Address:House No 44, Khasra No 177 Min House No 44 Locality Satkartar Nagar, falls in the revenue estate of Village Kala Ghanpur Urban, G.T. Road, Tehsil Amritsar-II, Satkartar Nagar, Amritsar
Size:130.20 sq yards
Auction Description
Indian Bank presents a SARFAESI auction for a residential Land and Building in Kala Ghanupur Urban, Amritsar. The auction commences on November 19, 2025, at 10:00 AM and concludes at 5:00 PM on the same day. The reserve price is ₹31,00,000, with an EMD of ₹3,10,000 required to participate. This is a unique opportunity to acquire property from Mis Balaji Trading.
Borrower Name:Mis Balaji Trading
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Akashdeep Singh, Sh. Inderjit Sharma, Smt. Santosh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its residential nature and location in Amritsar. While the price seems reasonable given the area, potential investors should thoroughly assess the market conditions and conduct due diligence. The symbolic possession status adds a layer of complexity that needs careful consideration.
Contact Details
Branch:Branch Office : Zonal Office : AMRITSAR
Service Provider:BAANKNET
Contact Details:
Mr Manmeet Singh Monga
Contact no:8054541718
