Land for auction 1 Building of Hotel Ryan Plaza, Payal, Ludhiana by BOI

The property is Lot 1: Land & Building of Hotel Ryan Plaza, measuring 1400 sq.yds, situated at Village Haraichan, Near Soni Hospital Doraha, Tehsil Payal, District Ludhiana. It comprises freehold and leasehold rights for 625 sq.yds owned by Mrs. Lalita Rani, Mrs. Sunita Rani, Mr. Charanjit Lal, and Mrs. Aina Bakshi (as per sale deed vasika no 1361 dt 24.12.1992 & lease deed vasika no 3238 dt 29.12.2011) and freehold rights for 775 sq.yds in the name of Mrs. Aina Bakshia.

This is a SARFAESI auction for a Land and Building property located in Payal, Ludhiana, Punjab. The property, known as Hotel Ryan Plaza, measures 1400 sq.yds and includes both freehold and leasehold rights. The auction is being conducted by the Bank of India, with a reserve price of 31,950,000.00 and an EMD of 3,195,000.00. The auction will take place on August 8, 2025, from 11:00 AM to 5:00 PM. Interested parties can submit applications until August 7, 2025, at 5:00 PM. For inquiries, contact Mr. Inder Jeet Sevta at 0161-5008544 or 88475-55748.