Land for auction Patti Tarn Taran 7 lakh Indian Bank

This auction features a plot of land located in Patti, Tarn Taran, Punjab. The asset category is residential, offering a prime opportunity for development or investment in a growing area. The property is being auctioned by Indian Bank under the SARFAESI Act. Detailed site inspections are recommended for interested bidders to fully assess the potential and condition of the land.

Indian Bank is conducting a SARFAESI auction for a residential land parcel in Patti, Tarn Taran, Punjab. The auction will commence on November 19, 2025, at 10:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at INR 6,90,000, with an Earnest Money Deposit (EMD) of INR 69,000 required to participate. This is a significant opportunity to acquire property directly from the bank.

The property is a residential land in a developing area, offered at a reasonable reserve price. While the location may not be prime, the affordable price point and clear auction terms make it a calculated investment opportunity for those familiar with the local market. Potential buyers should assess the surrounding area for future growth prospects.