Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:611694
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹4,90,000
EMD:₹49,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
A prime plot of land located in the Phagwara area of Kapurthala, Punjab. This residential land offers an excellent opportunity for development or investment in a growing region. The property is being auctioned by Canara Bank.
State:Punjab
City:Kapurthala
Area:Phagwara
Asset Category:Residential
Full Address:Village Drawesh Pind, Tehsil Phagwara, Distt. Kapurthala, Drawesh Pind, Phagwara
Size:6 Marla
Auction Description
Canara Bank presents a SARFAESI auction for a valuable piece of land in Phagwara, Kapurthala, Punjab. The auction has a reserve price of ₹4,90,000 and an Earnest Money Deposit (EMD) of ₹49,000. Bidding will take place on November 20, 2025, from 11:30 AM to 12:30 PM. This is a unique chance to acquire property through a transparent bank auction process.
Borrower Name:Gurmeet Kaur
Auction Type:SARFAESI Auction
Why This Property
The land in Phagwara represents a potential investment given its location. The reserve price and EMD are relatively low, making it accessible. However, further due diligence is recommended to assess local market conditions and potential encumbrances before bidding.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
