Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611388
Bank Name:Bank of Baroda
Branch Name:Branch: MSME
Reserve Price:₹38,00,000
EMD:₹3,80,000
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-26
Property Description
A parcel of land located in Ludhiana, Punjab, offered for sale by Bank of Baroda through a SARFAESI auction. This residential land presents an opportunity for development or investment in a prime area. Situated in Ludhiana city, it is an accessible location within the state of Punjab.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:Village Barewal Awana, Hadbast No 157 locality as Mehar Singh Colony, Mehar Singh Colony, Ludhiana
Size:250 sq yds
Auction Description
Bank of Baroda is conducting a SARFAESI auction for a land parcel in Ludhiana, Punjab. The auction will take place on November 26, 2025, from 02:00 PM to 06:00 PM. The reserve price for this residential land is INR 38,00,000, with an Earnest Money Deposit (EMD) of INR 3,80,000 required. This is a public auction for the property associated with M/S Madhav International.
Borrower Name:M/S Madhav International
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Kavita Gupta, Mukesh Gupta
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable investment in a developing locality of Ludhiana. The reserve price is moderate, and the physical possession status adds value. However, potential investors should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Branch: MSME
Service Provider:BAANKNET
Contact Details:
Rajesh Kamboj
Contact no:98889-88645
