Plot for auction 2 Raja Garden, Kapurthala, Jalandhar by UCO Bank

This exceptional opportunity presents a versatile plot spanning 2.5 Marla, strategically located on Kapurthala Road in Jalandhar, Punjab. Designated for "Commercial cum Residential" use, this property offers significant flexibility for new buyers, whether you envision building a bespoke family residence or establishing a dynamic small business. Its prime address within Abadi Basli Mithu, specifically at #111, Raja Garden, ensures excellent connectivity and accessibility to essential amenities, including schools, markets, and healthcare facilities, leveraging the city's robust infrastructure. Jalandhar's status as a major urban centre in Punjab further enhances the property's long-term appreciation potential and commercial viability. Investors or first-time buyers seeking a multi-purpose asset in a thriving locale will find this plot particularly appealing, promising both lifestyle convenience and strategic growth prospects. This unique land parcel is an ideal foundation for a tailored development in a desirable and expanding part of the city, offering a blend of urban convenience and future potential.

Prospective buyers keen on acquiring this property through a bank auction should note the following critical details for this SARFAESI Auction, managed by UCO Bank's Zonal Office in Jalandhar and facilitated by BAANKNET. The property's Reserve Price is set at Rs. 4,383,336.00, requiring an Earnest Money Deposit (EMD) of Rs. 438,333.00 to participate. The e-auction is scheduled for February 28, 2025, running from 1:00 PM to 5:00 PM. It is imperative that all applications for participation, along with EMD submission, are completed by February 27, 2025, 5:00 PM. New bidders are strongly advised to conduct thorough due diligence, including physical inspection of the property and verification of all associated legal documents, well in advance. For specific inquiries and assistance regarding the process, prospective bidders can contact Ms. Asha Rani at 90410 16040, ensuring all steps are meticulously followed for a successful bid.