Land for auction 16 Derabassi, SAS Nagar by Punjab & Sind Bank

This auction features a significant parcel of land located in Derabassi, SAS Nagar, Punjab, categorized as residential. The property is being auctioned by Punjab & Sind Bank under the SARFAESI Act as part of recovery proceedings from M/s Jasbir Electricals. Situated in a developing area, this land offers potential for residential development or investment. Its location in SAS Nagar, a prominent district in Punjab, adds to its strategic value.

Punjab & Sind Bank presents a SARFAESI auction for M/s Jasbir Electricals in Derabassi, SAS Nagar, Punjab. This is an opportunity to acquire valuable residential land. The auction will take place on September 6, 2025, from 11:00 AM to 12:00 PM. The reserve price for this property is INR 74,29,000, with an Earnest Money Deposit (EMD) of INR 7,42,900 required to participate. Don't miss this chance to invest in a prime location.