Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611688
Bank Name:Indian Bank
Branch Name:Zonal Office, Jalandhar
Reserve Price:₹13,58,000
EMD:₹1,35,800
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This offering presents a valuable parcel of land located in Shahkot, Jalandhar, Punjab. As a residential asset, this land holds potential for development or investment. Situated in a prominent area, it is part of an SARFAESI auction conducted by Indian Bank. The property is associated with the borrower Mrs. Ninder Kaur. This is a direct opportunity to acquire land in a developing region of Punjab. The auction is a significant event for prospective buyers looking to invest in real estate within the Jalandhar district.
State:Punjab
City:Jalandhar
Area:Shahkot
Asset Category:Residential
Full Address:Vill Dumana, Tehsil Shahkot vide Khata No. 1/1, Khasra No. 22//14(2-6), 15/1(1-7), 15/2(4-17), 15/3(1-16), 16/1(1-4), 16/2(6-16), 23//10/2/1(3-8), 11(3-8), 20/1 (4-2), 6/584 share out of land measuring 29k-4mls, i.e 6 marlas, Shahkot, Jalandhar
Size:6 marlas
Auction Description
Indian Bank is conducting a SARFAESI auction for a land parcel in Shahkot, Jalandhar, Punjab. The auction begins on December 9, 2025, at 10:00 AM and concludes at 04:00 PM on the same day. The reserve price for this residential land is ₹13,58,000, with an Earnest Money Deposit (EMD) of ₹1,35,800 required to participate. This auction provides a clear opportunity for individuals and investors to bid on a property with a set minimum price. All interested parties are advised to review the auction terms and conditions prior to participation.
Borrower Name:Mrs. Ninder Kaur
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Raj Kumar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small land parcel in a semi-urban area and the investment appeal is moderate. The reserve price seems reasonable and the location in Shahkot provides basic accessibility. It is a calculated opportunity for local investors.
Contact Details
Branch:Branch Office : Zonal Office, Jalandhar
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
