Land for auction - Bounded - Latori - Amritsar by BOI

Property for Auction in Latori, Amritsar, Punjab

Property Type IconProperty Type:
Land
Location IconLocation:
Latori, Amritsar
Auction Date IconAuction Date:
14-08-2025 12:00 PM

Auction Details

Auction ID:548985

Bank Name:Union Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:38,50,000

EMD:3,85,000

Service Provider:BAANKNET

Important Dates

Submission Date:13-08-2025 05:00 PM

Bid Start Date:14-08-2025 12:00 PM

Property Description

This auction features a parcel of land situated in Latori, a developing area within Amritsar, Punjab. As a residential asset category, this land offers potential for various development opportunities. The property is being auctioned by Union Bank of India under SARFAESI Act provisions. Amritsar, a city renowned for its cultural heritage and economic growth, provides a promising location for real estate investment. The land is available for acquisition via a competitive bidding process, with a reserve price set at INR 38,50,000.

State:Punjab

City:Amritsar

Area:Latori

Asset Category:Residential

Auction Description

Union Bank of India presents a SARFAESI auction for land located in Latori, Amritsar, Punjab. This is a prime opportunity to acquire a valuable plot of land. The auction will take place on August 14, 2025, from 12:00 PM to 05:00 PM. The reserve price for this property is INR 38,50,000, with an Earnest Money Deposit (EMD) of INR 3,85,000 required to participate. This auction is conducted on behalf of the borrower, M/s S. A. Enterprises. Don't miss this chance to invest in Amritsar's real estate market.

Borrower Name:M/s S. A. Enterprises

Auction Type:SARFAESI Auction

Contact Details

Contact Mob. No. 83760-02606

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