Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610005
Bank Name:Indian Bank
Branch Name:Zonal Office : LUDHIANA
Reserve Price:₹19,10,000
EMD:₹1,91,000
Bid Increment:₹20,000
Auction Time:10:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a prime plot of land located in Ludhiana, Punjab, offered for auction by Indian Bank. Situated in the well-connected Ludhiana area, this residential land presents a significant opportunity for development or investment. The property is being auctioned under the SARFAESI Act, providing a clear title. Ideal for those looking to acquire valuable real estate in a growing urban center.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:Village Rania(Abadi Rania),H.B. No. 266, Tehsil and District Ludhiana as per Sale Deed Document No. 2022-23/1 03/1/4655 dated 04/11/2022., Rania, Ludhiana
Size:100 Sq. yards
Auction Description
Indian Bank is conducting a SARFAESI auction for a valuable plot of land in Ludhiana, Punjab. The auction will commence on November 19, 2025, at 10:00 AM and conclude at 05:00 PM on the same day. The reserve price for this property is INR 19,10,000, with an Earnest Money Deposit (EMD) of INR 1,91,000. This is a fantastic opportunity to acquire land in a sought-after location at a competitive price. Don't miss out on this bank auction.
Borrower Name:Mrs. Indu Chopra
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Tarish Chopra
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land in Ludhiana, offered at a reasonable reserve price. While the location is in village Rania. Considering the symbolic possession and terms of the auction, it represents a calculated opportunity for buyers familiar with the local market.
Contact Details
Branch:Branch Office : Zonal Office : LUDHIANA
Service Provider:BAANKNET
Contact Details:
Contact no:73470-35091
