Property for Auction in Latori, Amritsar, Punjab
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
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
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
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 Mob. No. 83760-02606