Property for Auction in Jassian, Ludhiana, Punjab
Auction ID:559808
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹55,80,000
EMD:₹5,58,000
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
This offering is for a parcel of land situated in Jassian, Ludhiana, Punjab, as part of a bank auction conducted by Canara Bank. The property is categorized as residential land. It is a valuable opportunity to invest in real estate in Ludhiana. The specific dimensions and boundaries of the land will be detailed in the official auction documents. Prospective bidders are advised to conduct their own due diligence regarding zoning, land use, and any encumbrances. The land is offered on an 'as is, where is' basis.
State:Punjab
City:Ludhiana
Area:Jassian
Asset Category:Residential
Canara Bank presents a SARFAESI auction for land located in Jassian, Ludhiana, Punjab. The auction will take place on August 30, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹5,580,000, with an Earnest Money Deposit (EMD) of ₹558,000 required. This is an opportunity to acquire land in a developing area. For further details and participation, please refer to the official Canara Bank auction portal. The property is being auctioned due to the default by the borrower, M/s RK Sharma Knitwears.
Borrower Name:M/s RK Sharma Knitwears
Auction Type:SARFAESI Auction
Authorized Officer Μ.: 9517700632