Land for auction New Atam Nagar, Jassain Road, Ludhiana by Canara

Property for Auction in Jassian, Ludhiana, Punjab

Property Type IconProperty Type:
Land
Location IconLocation:
Jassian, Ludhiana
Auction Date IconAuction Date:
30-08-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:29-08-2025 05:00 PM

Bid Start Date:30-08-2025 11:30 AM

Property Description

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

Auction Description

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

Contact Details

Authorized Officer Μ.: 9517700632

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