Land for Auction New Shimlapuri Ludhiana 18.2 Lakh by Bank of Maharashtra 16 Jun 2026
New Shimlapuri, Ludhiana
Area: 97 Sq. Yards
New Shimlapuri Street No. 9, Tehsil and District Ludhiana, Punjab
Bank of Maharashtra · Zonal Office : Chandigarh
Reserve price
₹18,20,000
EMD ₹1,82,000
Auction date
16 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 97 Sq. Yards
- ▸Locality: New Shimlapuri
- ▸Reserve: ₹18,20,000
- ▸EMD: ₹1,82,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | New Shimlapuri |
| Built-up / plot area | 97 Sq. Yards |
| Lender | Bank of Maharashtra |
| Branch | Zonal Office : Chandigarh |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in New Shimlapuri, Ludhiana by Bank of Maharashtra — reserve price ₹18,20,000, 97 Sq. Yards, Symbolic possession.
Bank auction property! Up for auction is a 97 Sq. Yards land located in New Shimlapuri, Ludhiana. This land, situated in a well-known locality, presents a great investment opportunity. The auction is scheduled for June 16, 2026, with a reserve price of ₹1,820,000 and an EMD of ₹182,000. Don't miss out on this chance to acquire a valuable piece of land in Ludhiana. Contact Bank of Maharashtra for more details!
GeoSquare note: This land in New Shimlapuri, Ludhiana, offers potential but comes with a symbolic possession status, potentially delaying immediate use. The price is reasonable for the location, but prospective buyers should consider the legal aspects and pending litigation. The fair option rating reflects a balance between opportunity and risk.
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