Property for Auction in Kotkapura, Ludhiana, Punjab
Auction ID:452733
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH , Ludhiana
Reserve Price:₹2,23,00,000
EMD:₹22,30,000
Service Provider:BAANKNET
Submission Date:26-03-2025 05:00 PM
Bid Start Date:27-03-2025 11:00 AM
The property is a parcel of land located at the backside of the Milk Plant, Faridkot Road, Kotkapura. It measures a total of 15 Kanal- 19.08 Marla or 9567 Sq. Yds. The land is comprised of several sub-parcels as detailed in the auction notice, with individual shares and measurements attributed to Sh. Rattan Kumar Singla, Smt. Shashi Singla, and Sh. Parmodh Kumar, all sons/wife of Laxmi Narain Singla. The property is categorized as residential land.
State:Punjab
City:Ludhiana
Area:Kotkapura
Asset Category:Residential
State Bank of India Land Auction in Kotkapura, Ludhiana. This SARFAESI auction involves land measuring a total of 15 Kanal- 19.08 Marla or 9567 Sq. Yds., located at the backside of the Milk Plant, Faridkot Road, Kotkapura. The property is divided into multiple parcels with varying shares and measurements, detailed under specific Sale Deeds. The reserve price is 22,300,000.00 with an EMD of 2,230,000.00. The auction is conducted by BAANKNET from the Stressed Assets Recovery Branch, Ludhiana. The auction is scheduled for March 27, 2025, from 11:00 AM to 04:00 PM. Application submission deadline is March 26, 2025, 05:00 PM. Contact details for inquiries include Mr. Labh Singh (9417938292) and Mr. Varinder Kumar Pun (8894217020).
Borrower Name:Durable Transformers Pvt. Ltd
Auction Type:SARFAESI Auction
Authorised Officer- Mr. Labh Singh Mobile No: 9417938292 / Mr. Varinder Kumar Pun Mobile No: 8894217020