Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611693
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹11,20,000
EMD:₹1,12,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-11-17
Property Description
This is a SARFAESI auction for a piece of land located in Bodawala, Ludhiana, Punjab. The property is being auctioned by Canara Bank. It is classified as residential land. The borrower's name associated with this asset is Sh. Vijay Kumar.
State:Punjab
City:Ludhiana
Area:Bodawala
Asset Category:Residential
Full Address:Village Bodawala, Tehsil and District Ludhiana, Bodawala, Ludhiana
Size:6 K-4M
Auction Description
Canara Bank is holding a SARFAESI auction for a residential land parcel in Bodawala, Ludhiana, Punjab. The auction will take place on November 20, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price for this auction is ₹11,20,000.00, with an Earnest Money Deposit (EMD) of ₹1,12,000.00 required to participate. Interested bidders should ensure they meet all auction requirements set by Canara Bank.
Borrower Name:Sh. Vijay Kumar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Bodawala, Ludhiana presents a calculated opportunity. The reserve price appears reasonable for the area, making it potentially attractive for local investors. Due diligence is recommended to assess market trends.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Sh. Naveen Kumar
Contact no:9729124366
