Plot for auction 2 Tehsil, Ludhiana, Ludhiana by Indian Bank

This offering is a freehold residential plot situated in Ludhiana, Punjab. The property is categorized as a plot and is ideal for residential development. Located within the Ludhiana area, it offers accessibility and potential for growth. Further details regarding the plot's specific dimensions, location advantages, and any existing structures (if applicable) will be made available to interested bidders. As a residential plot, it presents a versatile canvas for constructing a home or undertaking a development project. Indian Bank is facilitating the sale of this asset through a SARFAESI auction process.

Indian Bank is pleased to announce a SARFAESI auction for a prime residential plot located in Ludhiana, Punjab. This is an excellent opportunity for investors and developers to acquire a valuable asset in a well-established area. The auction will be conducted on August 20, 2025, starting at 10:00 AM and concluding at 05:00 PM on the same day. The reserve price for this property is INR 1.4 Crore, with an Earnest Money Deposit (EMD) of INR 14 Lakhs. The property is being auctioned due to the default of borrower M/s Rudra International. Don't miss this chance to own a significant piece of real estate in Ludhiana.