Land for auction 247 West: Neighbor (175'-00, Sahnewal, Ludhiana by Bank of Maharashtra

Property for Auction in Sahnewal, Ludhiana, Punjab

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Sahnewal, Ludhiana
Auction Date IconAuction Date:
13-08-2025 11:00 AM

Auction Details

Auction ID:537511

Bank Name:Bank of Maharashtra

Branch Name:Zonal Office : Ludhiana

Reserve Price:3,25,00,000

EMD:32,50,000

Service Provider:BAANKNET

Important Dates

Submission Date:12-08-2025 05:00 PM

Bid Start Date:13-08-2025 11:00 AM

Property Description

Factory land & building admeasuring 10316 sq yards situated at Village Lakhowal Hadbast No 190 Sub Tehsil Sahnewal Tehsil & District Ludhiana & comprised in Khasra No.41/19/3/2, 20, 21/1, 22/1/1, 11, 12/1/2 Khata No. 234/247, 235/248 as per Jamabandi for the year 2011-12 & registered in the office of Sub-Registrar Sahnewal as per sale deed no. 1234 dated 19/09/2014 in the name of Romax Steels Pvt. Ltd. The property is bounded as under: East: Lakhowal Road (424'0"), West: Neighbor (175'-00"), North: Neighbor (365'-6"), South: Neighbor (332'-9")

State:Punjab

City:Ludhiana

Area:Sahnewal

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a factory land and building located in Village Lakhowal, Sahnewal, Ludhiana, Punjab. The property, admeasuring 10316 sq yards, is mortgaged to Bank of Maharashtra. It is comprised in Khasra No.41/19/3/2, 20, 21/1, 22/1/1, 11, 12/1/2 and Khata No. 234/247, 235/248. The property was registered in the name of Romax Steels Pvt. Ltd. via sale deed no. 1234 dated 19/09/2014. The property is bounded by Lakhowal Road to the East (424'0"), a neighbor to the West (175'-00"), a neighbor to the North (365'-6"), and a neighbor to the South (332'-9"). The auction is scheduled to take place on 13-08-2025 from 11:00 AM to 01:00 PM, with the application submission deadline on 12-08-2025 by 05:00 PM. The reserve price is 32500000.00 and the EMD is 3250000.00.

Borrower Name:ROMAX STEELS PRIVATE LIMITED

Auction Type:SARFAESI Auction

Contact Details

Contact Mr. Vikas Sachdeva-9478455246; Mr. Rohit-9914906997.

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