Land for auction C Sh. Bal Kishan Malhotra) Dholewal Ludhiana by SBI

Property for Auction in Dholewal, Ludhiana, Punjab

Property Type IconProperty Type:
Land
Location IconLocation:
Dholewal, Ludhiana
Auction Date IconAuction Date:
21-02-2025 11:00 AM

Auction Details

Auction ID:436097

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:69,00,000

EMD:6,90,000

Service Provider:BAANKNET

Important Dates

Submission Date:20-02-2025 05:00 PM

Bid Start Date:21-02-2025 11:00 AM

Property Description

The property is a piece of land measuring 100 Sq. Yds, located at Industrial Estate, Dholewal, Tehsil & District Ludhiana, near Pratap Chowk, Ludhiana, Punjab. It is identified by plot No. 141-C (C-141) and Municipal Unit No. B-15-971/136. The land was acquired through two sale deeds: Wasika No. 1141 dated 12/04/1989 for 25 Sq. Yards (inherited) and Wasika No. 20259 dated 05/03/2007 for 75 Sq. Yards. This is a residential asset categorized as land.

State:Punjab

City:Ludhiana

Area:Dholewal

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a land property located in Dholewal, Ludhiana, Punjab. The property is situated on plot No. 141-C (C-141), with Municipal Unit No. B-15-971/136, measuring a total of 100 Sq. Yds. It is identified as Lot 2 in the auction. The property is an equitable mortgage and is near Pratap Chowk. It was acquired through sale deeds dated 12/04/1989 (25 Sq. Yards inherited) and 05/03/2007 (75 Sq. Yards). The auction is conducted by the State Bank of India, Stressed Assets Management Branch, with BAANKNET as the service provider. The reserve price is INR 69,00,000 and the EMD is INR 6,90,000. The auction starts on 21-02-2025 at 11:00 AM and ends on 21-02-2025 at 04:00 PM. Applications must be submitted by 20-02-2025 05:00 PM. Contact persons are Mr Labh Singh (9417938292) and Mr Varinder Kumar Pun (88942-17020).

Borrower Name:M/s Varda Spinning

Auction Type:SARFAESI Auction

Contact Details

Mr Labh Singh Mobile No : 9417938292, Mr Varinder Kumar Pun Mobile No : 88942-17020

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