Land & Building for auction Dholewal Ludhiana 55 lakh Union Bank of India

This SARFAESI auction presents a prime opportunity to acquire industrial land and a building in Dholewal, Ludhiana, Punjab. The property, formerly associated with M/s Akshra Industrial Corporation, is being auctioned by the Union Bank of India. Its location in Ludhiana, a key industrial hub in Punjab, makes it strategically advantageous for manufacturing, warehousing, or other industrial pursuits. The asset category is Industrials, indicating its suitability for a wide range of business operations. This is a direct sale from the bank, offering a transparent and secure transaction process.

Union Bank of India is conducting an e-auction for industrial land and a building located in Dholewal, Ludhiana, Punjab, under the SARFAESI Act. The auction will commence on October 30, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this valuable industrial asset is ₹55,00,000, with an Earnest Money Deposit (EMD) of ₹5,50,000 required to participate. This is an excellent chance to invest in Ludhiana's robust industrial landscape. Interested bidders are advised to review all auction terms and conditions on the bank's portal.