Property for Auction in Vakia Rakba Goniana Road, Muktsar, Punjab
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
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
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
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
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.
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
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