Property for Auction in Jagraon, Ludhiana, Punjab
Auction ID:532395
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹63,50,000
EMD:₹6,35,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
This offering is for a parcel of land and an associated building situated in the village of Sherpur Kalan, within the Jagraon tehsil of Ludhiana district, Punjab. The property encompasses a total land area of 2K-15M (approximately 0.35 acres), comprising a 1/3 share of land measuring 2K-11M and an additional 12/228 share of land measuring 0K-4M. The land details are further specified by Khata and Rectification Numbers as per the jamabandi records for the years 2012-2013 and 2002-2003. The property is strategically located, with boundaries defined by agricultural land to the East and North, agricultural land belonging to Mohan Singh to the North, and the Sherpur Link Road to the West. This location offers potential for development and appreciation, making it an attractive prospect for individuals seeking to invest in the real estate market of Ludhiana.
State:Punjab
City:Ludhiana
Area:Jagraon
Asset Category:Residential
Prospective buyers are invited to participate in a SARFAESI auction conducted by Canara Bank for a residential property located in Sherpur Kalan, Jagraon, District Ludhiana, Punjab. This land and building asset presents a unique opportunity to acquire a property with significant potential in a developing area. The auction will be held on July 31, 2025, with the bidding window open from 11:30 AM to 12:30 PM. A crucial step for interested parties is the submission of their application by July 30, 2025, by 5:00 PM. The reserve price for this property is set at INR 63,50,000, with an Earnest Money Deposit (EMD) of INR 6,35,000 required to participate. For detailed information and to understand the complete auction process, please refer to the sale notice available online. For any queries, potential buyers can contact Sh. Vinod Kumar, Chief Manager, at the provided contact numbers.
Borrower Name:Sh. Iqbal Singh
Auction Type:SARFAESI Auction
Contact Branch, Sh. Vinod Kumar, Chief Manager, Μ.: 9041112097, 9417906667