Property for Auction in Hambran Road, Ludhiana, Punjab
Auction ID:550880
Bank Name:South Indian Bank
Branch Name:Regional Office
Reserve Price:₹87,36,000
EMD:₹8,73,600
Service Provider:bankauctions.in
Submission Date:12-08-2025 05:00 PM
Bid Start Date:13-08-2025 11:00 AM
This auction features a parcel of land situated on Hambran Road in Ludhiana, Punjab. Classified as a residential asset, this property was formerly mortgaged by Mr. Devender Mehra. The land offers potential for various development opportunities within the growing city of Ludhiana. Its location on Hambran Road provides accessibility and proximity to essential services and infrastructure, making it an attractive prospect for those looking to invest in Punjab's real estate market.
State:Punjab
City:Ludhiana
Area:Hambran Road
Asset Category:Residential
South Indian Bank presents a SARFAESI auction for a prime plot of land located on Hambran Road, Ludhiana, Punjab. This is a significant opportunity for investors and developers. The auction commences on August 13, 2025, at 11:00 AM and concludes at 11:30 AM on the same day. The reserve price is set at INR 87,36,000, with an Earnest Money Deposit (EMD) of INR 8,73,600 required to participate. This auction offers a chance to acquire valuable real estate in a developing area.
Borrower Name:Mr. Devender Mehra
Auction Type:SARFAESI Auction
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