Property for Auction in Kakka, Ludhiana, Punjab
Auction ID:588758
Bank Name:Union Bank of India
Branch Name:REGIONAL OFFICE : LUDHIANA
Reserve Price:₹10,00,000
EMD:₹1,00,000
Service Provider:BAANKNET
Submission Date:14-10-2025 05:00 PM
Bid Start Date:15-10-2025 11:00 AM
This is a residential plot located in Kakka, Ludhiana, Punjab. The property is being auctioned by the Union Bank of India under SARFAESI regulations. It is an opportunity to acquire a plot in a developing area of Ludhiana.
State:Punjab
City:Ludhiana
Area:Kakka
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential plot in Kakka, Ludhiana. The auction will be held on October 15, 2025, from 11:00 AM to 01:00 PM. The reserve price for this auction is ₹10,00,000, with an Earnest Money Deposit (EMD) of ₹1,00,000 required. This auction is conducted due to the loan default by M/s Bimal Knit.
Borrower Name:M/s Bimal Knit
Auction Type:SARFAESI Auction
M No. 90411 28404