Property for Auction in Basti Sheikh, Jalandhar, Punjab
Auction ID:600185
Bank Name:Punjab & Sind Bank
Branch Name:Zonal Office - Jalandhar
Reserve Price:₹46,25,000
EMD:₹4,62,500
Service Provider:BAANKNET
Submission Date:30-10-2025 04:00 PM
Bid Start Date:31-10-2025 11:00 AM
This auction features a parcel of land located in the well-established Basti Sheikh area of Jalandhar, Punjab. Identified as a residential asset, this property offers a prime opportunity for development or investment. The land is being auctioned by Punjab & Sind Bank due to the borrower, M/s Santosh Karyana Store. Situated in a key urban locality, this plot presents significant potential for future growth and value appreciation. Ideal for individuals or developers seeking to acquire property in a sought-after region of Punjab.
State:Punjab
City:Jalandhar
Area:Basti Sheikh
Asset Category:Residential
Punjab & Sind Bank is conducting a SARFAESI auction for a valuable land parcel in Basti Sheikh, Jalandhar. The auction will take place on 31st October 2025, with bidding open from 11:00 AM to 03:00 PM. The reserve price for this residential land is set at ₹46,25,000, and the Earnest Money Deposit (EMD) required is ₹4,62,500. This is a unique chance to own a piece of land in a developing area of Punjab. Interested bidders are advised to review all auction terms and conditions thoroughly before participating.
Borrower Name:M/s Santosh Karyana Store
Auction Type:SARFAESI Auction
Contact No ; 7046612345, 6354910172