Land for auction 1 opposite Reliance Pump, Jalalabad, Ludhiana by SBI

The property is a Land And Building located in Jalalabad West, Ludhiana, Punjab. It is situated opposite Reliance Petrol Pump, Fazilka Road, Jalalabad (W). The total land area is approximately 18906.25 sqyds (Lot 1, Part a) plus additional areas detailed in the description, including godowns and labour quarters. The property is associated with M/s Bajaj Rice Mills and M/s Bajaj Fuel Co. The auction is a SARFAESI Auction conducted by the State Bank of India.

State Bank of India is conducting a SARFAESI auction for Land And Building in Jalalabad West, Ludhiana. The property is offered in Lot 1 (Land & Building) and Lot 2 (Plant & Machinery). Lot 1 will only be sold if a bid for Lot 2 is received, or if both lots are sold together. The property is located opposite Reliance Petrol Pump on Fazilka Road, Jalalabad (W). It includes land measuring 31K-05M (18906.25 sqyds) under three title deeds, godowns and labour quarters measuring 09K-16M (5929 sqyds), additional godowns and labour quarters on 03K-04M (1936 Sqyds), two godowns on 08K-00M (4840 Sqyds), open plot of 01K-00M (605 Sqyds), and land measuring 10K-03M (203 M) near Bajaj Rice Mills. The property is currently in physical possession. The borrower is M/s Bajaj Basmati Pvt. Ltd. The reserve price is 92,000,000.00 and the EMD is 9,200,000.00. The auction will be held on March 28, 2025, from 11:00 AM to 04:00 PM. Applications must be submitted by March 27, 2025, 05:00 PM. For inquiries, contact Mr. Virender K Karwal at 8288067301 or Mr. Devender Kumar at 9316307706.