Land for auction 628 M/s Jay Kay Mechanical Works, Batala, Gurdaspur by Canara

Property for Auction in Batala, Gurdaspur, Punjab

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Batala, Gurdaspur
Auction Date IconAuction Date:
27-02-2025 11:30 AM

Auction Details

Auction ID:443951

Bank Name:Canara Bank

Branch Name:Recovery & Legal Section, Circle Office

Reserve Price:94,00,000

EMD:9,40,000

Service Provider:BAANKNET

Important Dates

Submission Date:26-02-2025 05:00 PM

Bid Start Date:27-02-2025 11:30 AM

Property Description

One industrial unit land and building. measuring 2 Kanal-1-1/4 le. out of land measuring 18K-17M bearing Min Khasra No. 628, Khewat no. 257, Khatoni no. 312 H.B. No. 213, Jamabandi for the year 1978-79 situated at Faizpira Tehsil , Batala, Distt. Gurdaspur which is having dimensions/ boundaries as East - GT Road Batala with front 38-1/2 Ft, West Sh. Brhamdut, North balance land of vendor, South Guru Ramdas foundry measurement East GT Road Batala 38-1/2 Ft, West 44 Ft., North 281Ft. and balance land of vendor, South 275 Ft, Vide registered sale deed dt. 29/05/1981 Vasika no. 1679 for a consideration of Rs. 49000/- Vide Mutation of Sale No. 1435 in the Name of M/s Jay Kay Mechanical Works (Proprietor Smt. Santosh Rishi) Bounded as below mentioned:- East: GT Road Batala with front 38-1/2 Ft. West: Sh. Brahamdut 44 Ft. North: Balance land of vendor 281 Ft.; South: Guru Ramdas Foundry 275 Ft. NOTE:-The above property is also mortgaged in the account of M/s Jay Kay Mechanical Works and M/s Rishi Enterprises

State:Punjab

City:Gurdaspur

Area:Batala

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Canara Bank for an industrial unit, comprising land and a building, located in Batala, Gurdaspur, Punjab. The property is situated on GT Road Batala and has dimensions measuring 38-1/2 Ft at the East boundary facing GT Road. The West boundary is 44 Ft, North is 281 Ft, and South is 275 Ft. The land measures 2 Kanal-1-1/4 le, part of a larger parcel (18K-17M). The property was acquired via sale deed dated 29/05/1981 (Vasika no. 1679) and is mortgaged in the accounts of M/s Jay Kay Mechanical Works and M/s Rishi Enterprises. The borrower is M/s Gopal Trading Company. The auction will be held on 27-02-2025 from 11:30 AM to 12:30 PM. The reserve price is Rs. 94,00,000 and the EMD is Rs. 9,40,000. The last date for application submission is 26-02-2025.

Borrower Name:M/s Gopal Trading Company

Auction Type:SARFAESI Auction

Contact Details

Contact Branch, Sh. Raj Avtar Singh, Divisional Manager, Ph.: 9878006036, 8195950061

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