Land And Building for auction Vakia Rakba Muktsar 15 lakh Canara Bank

Property for Auction in Vakia Rakba Goniana Road, Muktsar, Punjab

Recommendation
Calculated OpportunityScore: 5.8
Size
22.5 Marla
Reserve Price
15,30,000
Reserve Price
15,30,000
EMD Required
1,53,000
Property Specifications
Size22.5 Marla
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Vakia Rakba Goniana Road, Muktsar
Auction Date IconAuction Date:
20-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 5.8

Auction ID:611465

Bank Name:Canara Bank

Branch Name:Recovery & Legal Section, Circle Office

Reserve Price:15,30,000

EMD:1,53,000

Service Provider:BAANKNET

Important Dates

Submission Date:19-11-2025 05:00 PM

Bid Start Date:20-11-2025 11:30 AM

Property Description

This offering is for a prime Land and Building asset located on Vakia Rakba Goniana Road in Muktsar, Punjab. The property is classified under the Residential category, presenting a valuable opportunity for prospective buyers. Situated in a developing area, this land and building combination offers potential for various residential or commercial uses. Its accessibility and location in Muktsar make it an attractive investment.

State:Punjab

City:Muktsar

Area:Vakia Rakba Goniana Road

Asset Category:Residential

Full Address:Vakia Rakba Goniana Road, Muktsar, Punjab, Vakia Rakba, Muktsar

Size:22.5 Marla

Auction Description

Canara Bank presents a SARFAESI auction for a valuable land and building property in Muktsar, Punjab. The auction will take place on November 20, 2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price for this asset is INR 15,30,000, with an Earnest Money Deposit (EMD) of INR 1,53,000 required to participate. This is a significant opportunity to acquire a property through a transparent bank auction process.

Borrower Name:M/s Nirmal Industries

Auction Type:SARFAESI Auction

Why This Property

The property in Muktsar, Punjab offers a calculated opportunity given its location and land type. The price seems reasonable, suggesting potential for value appreciation. However, further due diligence is recommended before investing.

Contact Details

Branch:Branch Office : Recovery & Legal Section, Circle Office

Service Provider:BAANKNET

Contact Details:

Contact no: —

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