Plot for auction 1000 GT Road, Payal, Ludhiana by BOI

The property is a plot of land measuring 1000 square yards in Village Rajgarh, H.B. No. 243, Tehsil Payal, District Ludhiana, Punjab. It is located opposite Yarik International and near Grewal Dhaba. The boundaries are: North: Open Plot (35-0"), South: GT Road (41'-0"), East: Open Plot (268-0"), West: Open Plot (246-0"). The property is in physical possession.

This is a SARFAESI auction for a residential plot measuring 1000 sq. yds. located in Village Rajgarh, Payal, Ludhiana, Punjab. The property is situated Opposite Yarik International, Near Grewal Dhaba. It is bounded by an open plot on the North (35-0"), GT Road on the South (41'-0"), and open plots on the East (268-0") and West (246-0"). The property is in physical possession. The auction is being conducted by Union Bank of India. The reserve price is 42,00,000.00 with an Earnest Money Deposit (EMD) of 4,20,000.00. The auction will be held on February 28, 2025, from 12:00 PM to 5:00 PM. Application submission deadline is February 28, 2025, at 11:00 AM. The borrower is M/s Narindera Engineers Pvt. Ltd, and the property is associated with Mr. Narinder Kumar Sharma.