Land for auction 250 Tehsil, Mangli, Ludhiana by SBI

This auction features a parcel of land located in Mangli Nichhi, Ludhiana, Punjab. Classified as residential property, it is being auctioned by the State Bank of India under SARFAESI regulations due to default by the borrower, M/S SAINI ENGG WORKS. The land offers a strategic location within the Ludhiana district, presenting potential for residential development or investment. Prospective buyers should conduct their own due diligence regarding property specifics, boundaries, and any existing encumbrances.

State Bank of India presents a SARFAESI auction for land in Mangli Nichhi, Ludhiana, Punjab. The auction will be held on August 13, 2025, from 11:00 AM to 04:00 PM. The reserve price is ₹45,76,000, with an Earnest Money Deposit (EMD) of ₹4,57,600 required. This is a prime opportunity to acquire land in a developing area. Interested bidders are advised to review all auction terms and conditions provided by the State Bank of India.