Land for auction 21 Ludhiana, Punjab Tehsil, Ludhiana by IDBI Bank

Property for Auction in Tehsil Payal, Ludhiana, Punjab

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Tehsil Payal, Ludhiana
Auction Date IconAuction Date:
29-03-2025 11:00 AM

Auction Details

Auction ID:472533

Bank Name:IDBI Bank

Branch Name:ZONAL OFFICE CHANDIGARH

Reserve Price:1,54,21,000

EMD:15,43,000

Service Provider:BAANKNET

Important Dates

Submission Date:28-03-2025 05:00 PM

Bid Start Date:29-03-2025 11:00 AM

Property Description

The property includes all movable and immovable assets located at VPO Madnipur, Tehsil Payal, Distt. Ludhiana, Punjab. It consists of land measuring approximately 30 Kanals and 7 Marlas, with specific details on Khata No. 80/85 and various Khasra numbers mentioned. A building is also constructed on this land parcel. The asset category is residential.

State:Punjab

City:Ludhiana

Area:Tehsil Payal

Asset Category:Residential

Auction Description

IDBI Bank is conducting a SARFAESI auction for a property located in Tehsil Payal, Ludhiana, Punjab. The property comprises land admeasuring approximately 30 Kanal 7 Marla along with a building constructed thereon. The land details include Khata No. 80/85 and various Khasra numbers. The borrower is M/s PBG GROUP OF INDUSTRIES. The auction is for residential land and building, with a reserve price of INR 15,421,000 and an Earnest Money Deposit (EMD) of INR 1,543,000. The auction will be held on March 29, 2025, from 11:00 AM to 01:00 PM. Application submission deadline is March 28, 2025, by 05:00 PM. For inquiries, contact the Zonal Office Chandigarh of IDBI Bank at 0172-5042188 / 5001730.

Borrower Name:M/s PBG GROUP OF INDUSTRIES

Auction Type:SARFAESI Auction

Contact Details

Telephone No: 0172-5042188 / 5001730

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