Land for auction 349 South-West: Agri. Land 518-6 Kum, Ludhiana by Indian Overseas Bank

The property is a parcel of land located in Kum Kalan, Ludhiana, Punjab. It is described as Equitable Mortgage of Land admeasuring 6836.50 Sq. Yards (11 Kanals-6 Marla) comprised in Khata No. 343/349, Khasra No. 54//11/2(2-18), 20(8-0), 21(8-0), 55//6/2(0-4), 7/1(0-0), 14/2(2-0), 15(8-0), 16(7-7), 17(0-11). 25(2-18), 56//1(1-13), & Khata No. 308/314, Khasra No. 54//10/3(0-4), 11/1(5-2) as per Jamabandi for the Year 2013-14. The land is situated at Village Raiyan, HB No. 196, Sub-Tehsil Kum Kalan, Tehsil & Distt. Ludhiana. The boundaries are specified as North-East: Self Property 438"-9"; South-West: Agri. Land 518-6"; East-South: Agri. Land 140-3"; West-North: Road 138-6. It is noted that as per CLU the area is 6543.32 Sq. Yards, while as per Sale Deed it is 6836.50 Sq. Yards. The property is categorized as Residential land and is under symbolic possession. The Borrower is M/S SCASA Nutrients Pvt. Ltd.

This is a SARFAESI Auction conducted by Indian Overseas Bank for a plot of land in Kum Kalan, Ludhiana. The land measures 6836.50 Sq. Yards (11 Kanals-6 Marla) and is comprised in Khata No. 343/349 and Khata No. 308/314. The property is situated at Village Raiyan, HB No. 196, Sub-Tehsil Kum Kalan, Tehsil & Distt. Ludhiana. The auction has a reserve price of 37,884,358.00 and an EMD of 3,788,439.00. The auction starts on March 28, 2025, at 11:00 AM and ends at 2:00 PM on the same day. The property is under symbolic possession.