Plot for auction 12 Old Ganpati Colony Noorwala Ludhiana by Canara Bank

The property on offer is Plot No. 12, located in the Old Ganpati Colony, Near Nananksar, within Noorwala, Ludhiana, Punjab. This residential plot spans 100 square yards and is part of Khasra No. 33//12, Khata No. 212/222, as per the jamabandi for the Year 2016-17. The property's boundaries are clearly defined: to the East and West, it is bordered by neighboring properties measuring 50 feet, to the North by a 18-foot boundary, and to the South by a 25-foot wide street. Situated in a well-established locality of Ludhiana, this plot offers a strategic location with potential for residential development. Its accessibility and proximity to local amenities make it an attractive prospect for new homeowners or investors looking to build their dream home or capitalize on the growing real estate market in Punjab.

This SARFAESI auction, conducted by Canara Bank through the service provider BAANKNET, presents a unique opportunity to acquire a residential plot in Noorwala, Ludhiana, Punjab. The auction will take place on July 31, 2025, with bidding open between 11:30 AM and 12:30 PM. The reserve price is set at INR 1,810,000, with an Earnest Money Deposit (EMD) of INR 181,000 required to participate. Potential buyers must submit their applications by July 30, 2025, 5:00 PM. For any queries or further information regarding the auction process or the property itself, prospective bidders are encouraged to contact the Recovery & Legal Section at the Circle Office, specifically Sh. Ravi Dutt, Chief Manager, at the provided contact numbers. This auction is a chance to invest in a property in a developing area of Ludhiana.