Property for Auction in Shimlapuri, Ludhiana, Punjab
Auction ID:547907
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹30,00,000
EMD:₹3,00,000
Service Provider:BAANKNET
Submission Date:19-07-2025 05:00 PM
Bid Start Date:21-08-2025 11:00 AM
A residential plot situated in Shimlapuri, Ludhiana, Punjab. This property is being auctioned by the State Bank of India under the SARFAESI Act. Located in a desirable neighborhood, this plot offers excellent potential for residential development or investment. Ludhiana is a major industrial and commercial hub in Punjab, ensuring good connectivity and access to amenities. The property forms part of the assets of the borrower, M/s. Suresh Industries. This is a direct opportunity to purchase a plot in a sought-after location.
State:Punjab
City:Ludhiana
Area:Shimlapuri
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a residential plot located in Shimlapuri, Ludhiana, Punjab. The property was formerly owned by M/s. Suresh Industries. This is a fantastic opportunity to acquire a plot in a well-established area. The auction begins on August 21, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price is INR 30,00,000, with an Earnest Money Deposit (EMD) of INR 3,00,000 required to participate. Don't miss this chance to invest in Ludhiana's real estate market.
Borrower Name:M/s. Suresh Industries
Auction Type:SARFAESI Auction
Authorised Officer & Contact No. Name: VIKAS KUMAR CHAUR ASIYA (C.L.O) Mobile No. 97790 75339 Name: HARDEEP KAUR (C.C.O) Mobile No. 80545-98007