Property for Auction in Mahal Bhagat, Ludhiana, Punjab
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
Submission Date:28-02-2025 11:00 AM
Bid Start Date:28-02-2025 12:00 PM
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
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 No : 83760-02606