Land for auction 5061 Vohra SolvexP. Ltd., Faridkot, Faridkot by PNB

Factory Land and Building measuring 29 Kanal 8 Marla bearing Khewat No. 189, Khatauni No. 309, Khasra No. 5061 (14-8), 5062(15-0) rakba Faridkot-II (Agwardh Khokhar) and District Faridkot Hadbast No. 75, as per Jamabandi for the year 2019-20, Situated at Sadiq Road, Faridkot. Sides as per site:-East: Vohra Solvex P. Ltd. West Munshi Singh, North: Agricultural Land, South: Sadiq Road. The property has land arrears of Rs 66,65,887/-. Plant and machinery are not included in the sale.

This is a SARFAESI auction conducted by Punjab National Bank for Lot 2, which consists of factory land and building measuring 29 Kanal 8 Marla. The property is located at Sadiq Road, Faridkot, within the revenue estate of Faridkot. The property was acquired via sale deed no. 1656 and 1657 dated 15.07.1999 and stands in the name of M/s National Industries. The boundaries are East: Vohra Solvex P. Ltd., West: Munshi Singh, North: Agricultural Land, and South: Sadiq Road. Please note that the plant and machinery are not part of the sale and will be disposed of as per law. Additionally, there are land arrears of Rs 66,65,887/- against the property, with a red entry marked in the Jamabandi for the year 2019-2020 for Khewat number 189 in the name of National Industries vide Rapat number 372 dated 31.12.2024. The auction has a reserve price of 42950000.00 and an EMD of 4295000.00. The auction starts on 30-07-2025 at 11:00 AM and ends on 30-07-2025 at 04:00 PM. Applications for the auction must be submitted by 29-07-2025 at 05:00 PM.