Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609268
Bank Name:Liquidation E-Auction
Branch Name:Registered Office
Reserve Price:₹49,12,00,000
EMD:₹4,91,20,000
Bid Increment:₹5,00,000
Auction Time:11:00 AM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-28
Property Description
This is a land parcel located in Samba, Jammu, Jammu and Kashmir, offered as part of a liquidation e-auction. The property is categorized as residential and is being auctioned under SARFAESI regulations. The borrower is M/s SURYA PHARMACEUTICAL LIMITED (In Liquidation).
State:Jammu and Kashmir
City:Jammu
Area:Samba.
Asset Category:Residential
Full Address:Industrial Growth Centre-II, Samba, Jammu (J&K), Samba, Jammu
Size:80 Kanals
Auction Description
This is a liquidation e-auction for a land property in Samba, Jammu. The auction is being conducted under SARFAESI rules. The reserve price is ₹49,12,00,000 and the Earnest Money Deposit (EMD) is ₹4,91,20,000. The auction is scheduled to start on November 28, 2025, at 11:00 AM and will end on October 28, 2025, at 01:00 PM.
Borrower Name:M/s SURYA PHARMACEUTICAL LIMITED (In Liquidation)
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in an industrial growth center offers potential, but the liquidation status and specific conditions of the sale require careful evaluation. The relatively high reserve price and EMD suggest significant investment, warranting a calculated approach. Due diligence regarding the plant and machinery is crucial.
Contact Details
Branch:Branch Office : Registered Office
Service Provider:BAANKNET
Contact Details:
HARVINDER KUMAR JATANA
Contact no: —
