Land & Building for auction Raikot Ludhiana 11 Cr Union Bank of India

Union Bank of India presents a significant industrial land and building auction in Raikot, Ludhiana, Punjab. This prime asset, previously belonging to M/S Bhagat Sucha Singh Ji Memorial Education Society, is categorized as industrial property. Situated in the key industrial hub of Ludhiana, this property offers substantial potential for redevelopment or expansion of industrial operations. The land and building are offered as a complete package, presenting a unique opportunity for businesses looking to establish or grow their presence in Punjab's thriving industrial landscape.

This SARFAESI auction, conducted by Union Bank of India, features industrial land and a building in Raikot, Ludhiana. 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 INR 110,000,000. An Earnest Money Deposit (EMD) of INR 11,000,000 is required to participate. This is a direct opportunity to acquire a substantial industrial property through a transparent bank auction process.