Property for Auction in Gill, Ludhiana, Punjab
Auction ID:598523
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹23,52,000
EMD:₹2,35,200
Service Provider:BAANKNET
Submission Date:28-10-2025 05:00 PM
Bid Start Date:29-10-2025 11:30 AM
This auction features a residential plot located in Gill, Ludhiana, Punjab, offered by Canara Bank under SARFAESI. The property is designated for residential use and presents an excellent opportunity for investment or development. Situated in a developing area, it offers potential for future growth. The plot is part of an auction initiated due to default by the borrower, M/s Jaskirat Textiles.
State:Punjab
City:Ludhiana
Area:Gill
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a residential plot in Gill, Ludhiana, Punjab. The auction will take place on October 29, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price for this plot is INR 23,52,000, with an Earnest Money Deposit (EMD) of INR 2,35,200 required to participate. This is a secured asset auction, giving potential buyers a chance to acquire property directly from the bank.
Borrower Name:M/s Jaskirat Textiles
Auction Type:SARFAESI Auction
Contact Authorized Officer Μ.: 9517700632