Property for Auction in Kotkapura, Faridkot, Punjab
Auction ID:597260
Bank Name:Punjab & Sind Bank
Branch Name:ZONAL OFFICE: FARIDKOT
Reserve Price:₹1,67,00,000
EMD:₹16,70,000
Service Provider:BAANKNET
Submission Date:31-10-2025 11:30 AM
Bid Start Date:31-10-2025 12:00 PM
This auction features a valuable parcel of land located in Kotkapura, Faridkot, Punjab. Situated in a developing area, this residential land presents a significant opportunity for real estate investment or development. The property is offered by Punjab & Sind Bank under SARFAESI proceedings. Potential buyers should conduct their own due diligence regarding land use, zoning, and development potential. This is a unique chance to acquire land in a growing region.
State:Punjab
City:Faridkot
Area:Kotkapura
Asset Category:Residential
Punjab & Sind Bank is conducting a SARFAESI auction for a land parcel in Kotkapura, Faridkot, Punjab. The auction has a reserve price of ₹1,67,00,000 and requires an Earnest Money Deposit (EMD) of ₹16,70,000. The auction will take place on October 31, 2025, commencing at 12:00 PM and concluding at 03:00 PM. This is a sealed bid auction. Interested parties are advised to carefully review all auction terms and conditions provided by the bank. This auction is part of a recovery process for M/s Sahai Rice Mills.
Borrower Name:M/s Sahai Rice Mills
Auction Type:SARFAESI Auction
Rakesh Khurana, Chief Manager, Mob. No. 7527007650