Land for auction 1 Fazilka Road, Fazilka, Fazilka by SBI

Property for Auction in Fazilka, Fazilka, Punjab

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Fazilka, Fazilka
Auction Date IconAuction Date:
31-05-2025 11:00 AM

Auction Details

Auction ID:504867

Bank Name:State Bank of India

Branch Name:STRESSED ASSETS MANAGEMENT (SAM) BRANCH : LUDHIANA

Reserve Price:9,20,00,000

EMD:92,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:30-05-2025 05:00 PM

Bid Start Date:31-05-2025 11:00 AM

Property Description

The property is identified as Lot 1 in the auction by the State Bank of India, specifically a Land And Building located in Fazilka, Punjab. The asset category is Residential. The total land area is approximately 31K-05M (18906.25 sqyds) across multiple title deeds. It includes a rice sheller and godowns with labor quarters. The land is situated opposite Reliance Pump, Fazilka Road, Jalalabad (W) and near Bajaj Rice Mills. The property is legally described through various Khasra and Khatauni numbers and registered under different title deeds in the name of M/s Bajaj Rice Mills, M/s Bajaj Fuel Co, and M/s Bajaj Basmati Pvt Ltd. The property is currently in physical possession. The auction also includes Lot 2 for Plant & Machinery, and Lot 1 will only be sold in conjunction with Lot 2 or if Lot 2 receives a bid.

State:Punjab

City:Fazilka

Area:Fazilka

Asset Category:Residential

Auction Description

State Bank of India is conducting a SARFAESI auction for Land And Building in Fazilka, Punjab. The property is located in Fazilka and is associated with M/s Bajaj Basmati Pvt. Ltd. The auction will take place on 31-05-2025 from 11:00 AM to 04:00 PM. The reserve price is 92,000,000.00 and the EMD is 9,200,000.00. The property consists of a rice sheller, godowns, and labor quarters built on approximately 31K-05M of land. This is Lot 1, and it will only be sold if the bid for Lot 2 (Plant & Machinery) is received or if both lots are sold together. For more information, contact Mr. Satinder Jit Singh at 8146295501 or 9167685149.

Borrower Name:M/s Bajaj Basmati Pvt. Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact Mr satinder Jit singh Mobile No : 8146295501, 9167685149

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