Property for Auction in Lohara, Ludhiana, Punjab
Auction ID:560674
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹9,80,000
EMD:₹98,000
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
A residential plot situated in Lohara, Ludhiana, Punjab. This land parcel offers a great investment prospect in a developing urban area. Ideal for residential construction, the plot is being auctioned by Canara Bank under the SARFAESI Act. Located in Lohara, it benefits from the infrastructure and growth potential of Ludhiana city. The property is available for acquisition through an online auction process, providing a transparent and accessible way to own this asset. Secure your future with this land opportunity.
State:Punjab
City:Ludhiana
Area:Lohara
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a valuable residential plot located in Lohara, Ludhiana, Punjab. This is a prime opportunity to acquire property in a sought-after area. The auction will be conducted online on August 30, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this plot is INR 9,80,000, and the Earnest Money Deposit (EMD) required is INR 98,000. This auction is being held due to the default by the borrower, Sh. Gourav Kumar. Don't miss this chance to invest in a developing region of Ludhiana.
Borrower Name:Sh. Gourav Kumar
Auction Type:SARFAESI Auction
Contact Branch, Sh. Rahul Urniyal, Manager, M.: 7657856332, 9417906667