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

Property for Auction in Chandigarh Road, Ludhiana, Punjab

Property Type IconProperty Type:
Land
Location IconLocation:
Chandigarh Road, Ludhiana
Auction Date IconAuction Date:
28-03-2025 11:00 AM

Auction Details

Auction ID:457670

Bank Name:Indian Overseas Bank

Branch Name:Chandigarh

Reserve Price:3,46,45,170

EMD:34,64,517

Service Provider:ebkray

Important Dates

Submission Date:27-03-2025 05:00 PM

Bid Start Date:28-03-2025 11:00 AM

Property Description

Equitable Mortgage of Land admeasuring 3735.87 Sq. Yards lying in Khasra No. 54//10/1(6-16)-10/2(0-19), 55//6/1(5-11), Khata No. 374/380 as per Jamabandi for the Year 2013-14, situated at Village Rayian, Hadbast No. 196, Chandigarh Road, Tehsil & Distt. Ludhiana. Boundaries: East: Agriculture Land (81-0"); West: Road (89-0"); North: Other's Property (395'-6"); South: Owner's Property (442'-9"). This is a residential land parcel.

State:Punjab

City:Ludhiana

Area:Chandigarh Road

Asset Category:Residential

Auction Description

Indian Overseas Bank is conducting a SARFAESI auction for a piece of land measuring 3735.87 Sq. Yards in Village Rayian, Chandigarh Road, Ludhiana, Punjab. The property is under symbolic possession and has a reserve price of ₹3,46,45,170.00. The EMD is ₹34,64,517.00. The auction will take place on March 28, 2025, from 11:00 AM to 02:00 PM. The property is located in the name of Sh. Arjun Sethi S/o Sh. Ashok Sethi, mortgaged by M/s SCASA Organics Pvt. Ltd. Boundaries are: East: Agriculture Land (81-0"), West: Road (89-0"), North: Other's Property (395'-6"), South: Owner's Property (442'-9").

Borrower Name:M/s SCASA Organics Pvt. Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9646855477, 9779250112, 8925952575

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