Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611656
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹13,10,000
EMD:₹1,31,000
Auction Time:11:00 AM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-11-07
Property Description
A parcel of land located in Jagraon, Ludhiana, Punjab, offered for auction by Canara Bank. This residential land presents an opportunity for development or investment in a growing area. The property is situated in a well-connected locality within Ludhiana.
State:Punjab
City:Ludhiana
Area:Jagraon
Asset Category:Residential
Full Address:Village Malak, Jagraon - Sidhwan Bet Road, Tehsil Jagroan, Distt. Ludhiana, Malak, Ludhiana
Auction Description
Canara Bank is conducting a SARFAESI auction for land in Jagraon, Ludhiana. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at INR 13,10,000, with an Earnest Money Deposit (EMD) of INR 1,31,000. This is a prime opportunity to acquire a valuable asset through a transparent bidding process.
Borrower Name:Sh. Kuldeep Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Jagraon offers moderate investment potential due to its location and reserve price. Although the location may not be prime, the auction terms are reasonable. It presents a calculated risk for investors seeking land in the Ludhiana district.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Sh. B.S. Sandhu
Contact no:9417266556
