Land for auction 3 North Open Land 308-0, Koom, Ludhiana by Indian Overseas Bank

Equitable Mortgage of Land admeasuring 6337.37 sq. yards and factory building constructed thereupon situated and lying being at Khasra No. 43//24/3(1-0), 25/3(0-15), 44/5/1(1-5), 55/4/2(4-14), 5/1(5-18), 6/3(1-2), 7/2/1(4-11), 14/1(1-14), Khata No. 356/361 as per Jamabandi for the Year 2008-09 of Village Raiyan, Hadbast No. 196, Sub-Tehsil Koomkalan, Tehsil & Distt. Ludhiana in the name of Sh. Arjun Sethi S/o Sh. Ashok / Sethi, vide three sale deeds viz. Vasika No. 986 Dt. 25.10.2012, Vasika No. 1600 Dt. 01.03.2013 and Wasika No. 1601 Dt. 01.03.2013 all registered in the office of Sub-Registrar Ludhiana (E). Boundaries as per Site:- East: Raiyan Road 324- ; West: Agri, Land 173-0"; North: Open Land 308-0"; South: M/s Sarabh Synthetics 235-0- (UNDER SYMBOLIC POSSESSION)

This is a SARFAESI Auction by Indian Overseas Bank for a land property located in Koom Kalan, Ludhiana, Punjab. The land measures 6337.37 sq. yards and includes a factory building. The property is identified by Khasra No. 43//24/3(1-0), 25/3(0-15), 44/5/1(1-5), 55/4/2(4-14), 5/1(5-18), 6/3(1-2), 7/2/1(4-11), 14/1(1-14), Khata No. 356/361 in Village Raiyan, Hadbast No. 196, Sub-Tehsil Koomkalan. The property is under symbolic possession. The auction has a reserve price of ₹8,18,63,685.00 and an EMD of ₹81,86,369.00. The auction is scheduled for March 28, 2025, from 11:00 AM to 02:00 PM.