Land for auction 1 West Chandigarh, Ludhiana by Indian Overseas Bank

The property is a piece of land measuring 3735.87 Sq. Yards, located on Chandigarh Road, Village Rayian, Hadbast No. 196, Ludhiana, Punjab. It falls under Khasra No. 54//10/1(6-16)-10/2(0-19), 55//6/1(5-11) and Khata No. 374/380, as per the Jamabandi for the Year 2013-14. The boundaries are: East: Agriculture Land (81-0"), West: Road (89'-0"), North: Other's Property (395'-6"), South: Owner's Property (442"-9"). The property was mortgaged to Indian Overseas Bank vide Sale Deed No. 1070 Dated 30.03.2017 registered in the Office of Sub-Registrar, Ludhiana (E).

This is an SARFAESI auction for a piece of land located on Chandigarh Road, Ludhiana, Punjab. The land measures 3735.87 Sq. Yards and is situated in Khasra No. 54//10/1(6-16)-10/2(0-19), 55//6/1(5-11), Khata No. 374/380, Village Rayian, Hadbast No. 196. The property is mortgaged to Indian Overseas Bank. The auction is being conducted by ebkray, with the regional office in Chandigarh overseeing it. The reserve price is INR 25,528,000.00 and the Earnest Money Deposit (EMD) is INR 2,552,800.00. The auction starts on May 29, 2025, at 11:00 AM and concludes on the same day at 02:00 PM. The application submission deadline is May 28, 2025, at 05:00 PM. The property is described as having agricultural land to the east, a road to the west, other's property to the north, and owner's property to the south.