Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611521
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹14,65,000
EMD:₹1,46,500
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2024-07-02
Property Description
This auction features a parcel of land located in Nakodar, Jalandhar, Punjab. The property is categorized as residential land and is being auctioned by Canara Bank under the SARFAESI Act. This is a valuable opportunity to acquire land in a developing area of Jalandhar.
State:Punjab
City:Jalandhar
Area:Nakodar
Asset Category:Residential
Full Address:Village Nakodar-2, Hadbast No. 31 Tehsil Nakodar, Distt. Jalandhar, Nakodar, Jalandhar
Auction Description
Canara Bank is holding a SARFAESI auction for a residential land property in Nakodar, Jalandhar, Punjab. The auction will commence on November 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this auction is ₹14,65,000, with an Earnest Money Deposit (EMD) of ₹1,46,500. This auction is for the property mortgaged by Sh. Pawan Kumar Yadav.
Borrower Name:Sh. Pawan Kumar Yadav
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers potential due to its location and land value. However, the symbolic possession and lack of specific development information require careful evaluation. The reserve price seems reasonable for the area, making it a calculated opportunity for investors.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
