Plot for auction 2 Distt. Ludhiana, Punjab-141016 Lohara, Ludhiana by Shubham Housing D...

This SARFAESI auction, conducted by Shubham Housing Development Finance Co Ltd, offers a residential plot of 54-1/2 square yards located in Lohara, Ludhiana, Punjab. The property is identified by Khasra No. 1050/2, 1038, 1050/1, with Khewat Numbers 254, 255, 263 and Khatoni Numbers 285, 286, 287, as per the Jamabandi Year 2009-2010 records for Village Lohara, Hadbast No. 260. The auction will take place on July 31, 2025, with bidding open from 10:00 AM to 4:00 PM. A crucial deadline for application submission is July 30, 2025, by 4:00 PM. The reserve price for this property is INR 11,18,304.00, with an Earnest Money Deposit (EMD) of INR 1,11,830.00 required to participate. This is a direct opportunity to engage in a bank auction, a process known for its transparency and potential to acquire assets at competitive valuations. For any queries or further information, interested parties are advised to contact Mr. Asif Iqbal, the Authorised Officer, at 7048951248.

This auction presents a unique opportunity to acquire a residential plot in Lohara, Ludhiana, Punjab. The property, measuring 54-1/2 square yards, is located in a developing area with significant growth potential. As a plot, it offers immense flexibility for construction, allowing buyers to design and build their dream home or a lucrative investment property according to their specific needs and market demands. The location in Lohara, Ludhiana, is advantageous, providing access to essential amenities and infrastructure. Prospective buyers are encouraged to conduct thorough due diligence regarding local zoning regulations, development prospects, and any potential encumbrances before participating. This is an ideal entry point for new investors looking to enter the property market through a transparent and regulated bank auction process, with the opportunity to secure land at a competitive price point. Further details on the property's specific location within Lohara and surrounding facilities can be obtained through further inquiry.