Land for auction 8 Jagdeep Sharma Sio Sh. Om Prakash Sharma, Mahal, Ludhiana by BOI

Property for Auction in Mahal Bhagat, Ludhiana, Punjab

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Mahal Bhagat, Ludhiana
Auction Date IconAuction Date:
28-02-2025 12:00 PM

Auction Details

Auction ID:448795

Bank Name:Union Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:39,50,000

EMD:3,95,000

Service Provider:BAANKNET

Important Dates

Submission Date:28-02-2025 11:00 AM

Bid Start Date:28-02-2025 12:00 PM

Property Description

The property consists of land and a building measuring 100.00 Sq. Yards, located in Mahal Bhagat, Ludhiana, Punjab. The property is identified by Property No. B-1/213/74/D/8, Street No. 10, New Kundan Puri. It is situated within the revenue estate of Mahal Bhagat, Ludhiana. The property is bounded by a neighbor's property to the north, a 15.0-foot wide street to the south, a neighbor's house to the east, and another neighbor's house to the west. The ownership is currently under Mr. Jagdeep Sharma Sio Sh. Om Prakash Sharma, with Ms. Om Knitwear's being the borrower. The property is categorized as Residential.

State:Punjab

City:Ludhiana

Area:Mahal Bhagat

Asset Category:Residential

Auction Description

Union Bank of India is auctioning a Land and Building located at Mahal Bhagat, Ludhiana, Punjab. The property measures 100.00 Sq. Yards and is comprised in khasra No. 261,262, 265, 1620/1315/287,1621/1315/287,1316/287, 1617/266, 1613/260, Khata No. 297/324,328/337-332. It is situated in the Revenue Estate of Mahal Bhagat, Ludhiana, bearing Property No. B-1/213/74/D/8, Street No. 10, New Kundan Puri. The property is owned by Mr. Jagdeep Sharma Sio Sh. Om Prakash Sharma. The boundaries are: North: Property of Neighbour, South: Street (15.0 Wide), East: House of Neighbour, West: House of Neighbour. The possession type is Symbolic. The auction is a SARFAESI Auction with a Reserve Price of ₹3,950,000.00 and an EMD of ₹395,000.00. The auction will be conducted by BAANKNET on behalf of Union Bank of India, Asset Recovery Branch. The auction starts on 28-02-2025 at 12:00 PM and ends on 28-02-2025 at 05:00 PM. Application submission deadline is 28-02-2025 at 11:00 AM. For inquiries, contact 83760-02606.

Borrower Name:Ms. Om Knitwear's

Auction Type:SARFAESI Auction

Contact Details

Contact No : 83760-02606

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