Property for Auction in Sahnewal, Ludhiana, Punjab
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
Submission Date:12-08-2025 05:00 PM
Bid Start Date:13-08-2025 11:00 AM
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
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 Mr. Vikas Sachdeva-9478455246; Mr. Rohit-9914906997.