Property for Auction in Ferozepur Road, Faridkot, Punjab
Auction ID:591120
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH , Ludhiana
Reserve Price:₹13,07,000
EMD:₹1,30,700
Service Provider:BAANKNET
Submission Date:28-10-2025 05:00 PM
Bid Start Date:29-10-2025 11:00 AM
This is a prime land parcel located on Ferozepur Road in Faridkot, Punjab. Offered by the State Bank of India through a SARFAESI auction, this residential land presents a compelling investment opportunity. Its strategic location in Faridkot, a city known for its growing infrastructure and connectivity, makes it an attractive prospect for development or personal use. The property is part of a SARFAESI auction process, ensuring a transparent transaction.
State:Punjab
City:Faridkot
Area:Ferozepur Road
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a valuable land parcel situated on Ferozepur Road, Faridkot, Punjab. The auction will commence on October 29, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this residential land is set at INR 13,07,000, with an Earnest Money Deposit (EMD) of INR 1,30,700 required. This is a significant opportunity to acquire property in a developing area of Punjab.
Borrower Name:Sh. Sharanjeet Singh
Auction Type:SARFAESI Auction
Jaibir Singh ; 9988192220