Land for auction Focal Point Ludhiana 1 Cr South Indian Bank

Property for Auction in Focal Point (L), Ludhiana, Punjab

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
476 sq. yards
Reserve Price
1,15,00,000
Reserve Price
1,15,00,000
EMD Required
11,50,000
Property Specifications
Size476 sq. yards
Unit No.F-224
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Industrial Land
Location IconLocation:
Focal Point (L), Ludhiana
Auction Date IconAuction Date:
14-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609594

Bank Name:South Indian Bank

Branch Name:Regional Office : New Delhi

Reserve Price:1,15,00,000

EMD:11,50,000

Bid Increment:10,000

Auction Time:11:00 AM to 11:30 AM

Service Provider:bankauctions.in

Important Dates

Submission Date:2025-11-13

Bid Start Date:2025-11-14

Property Description

South Indian Bank presents an industrial land auction in Focal Point (L), Ludhiana, Punjab. This prime plot, formerly held by M/s GG Fabrics, offers a significant opportunity for industrial development in a well-established area. Located in a key industrial hub, the land is ideal for manufacturing, warehousing, or other commercial ventures. The property is being auctioned under SARFAESI proceedings, providing a clear title for the buyer. Don't miss this chance to acquire valuable industrial real estate in Ludhiana.

State:Punjab

City:Ludhiana

Area:Focal Point (L)

Asset Category:Industrials

Full Address:F-224, Plot no. F-224, Phase-VIII, Focal Point, Focal Point, Ludhiana

Size:476 sq. yards

Auction Description

South Indian Bank is conducting a SARFAESI auction for industrial land located in Focal Point (L), Ludhiana, Punjab. The reserve price for this auction is ₹1,15,00,000, with an Earnest Money Deposit (EMD) of ₹11,50,000 required to participate. The auction will take place online on November 14, 2025, commencing at 11:00 AM and concluding at 11:30 AM. This is a unique opportunity to acquire a strategically located industrial asset from South Indian Bank.

Borrower Name:M/s GG Fabrics

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Nitin Dawar, Mr. Pankaj Ahuja, Mrs. Hema Ahuja, Mr. Rakesh Kumar, Mr. Suresh Kumar, Mr. Vinay Dawar, Mrs.Shivani Kochar, Mrs. Savita Dawar

Legal Details

Possession Status:Physical

Encumbrance Details:Nil/Encumbrances from 01.01.2020 to 21.10.2024

Why This Property

The industrial land in Focal Point, Ludhiana, presents a calculated opportunity. The location is advantageous for industrial activities, and the reserve price is reasonable. However, potential investors should thoroughly assess the market and conduct due diligence.

Contact Details

Branch:Branch Office : Regional Office : New Delhi

Service Provider:bankauctions.in

Contact Details:

Contact no:9818-772-322

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