Land for auction Kotkapura Faridkot 2 Cr Punjab & Sind Bank

Property for Auction in Kotkapura, Faridkot, Punjab

Property Type IconProperty Type:
Land
Location IconLocation:
Kotkapura, Faridkot
Auction Date IconAuction Date:
31-10-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:31-10-2025 11:30 AM

Bid Start Date:31-10-2025 12:00 PM

Property Description

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

Auction Description

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

Contact Details

Rakesh Khurana, Chief Manager, Mob. No. 7527007650

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