Plot for auction 2158 VIKAS NAGAR - Phagwara - Kapurthala by Bank of Maharashtra

Property for Auction in Phagwara, Kapurthala, Punjab

Property Type IconProperty Type:
Plot
Location IconLocation:
Phagwara, Kapurthala
Auction Date IconAuction Date:
15-10-2025 11:00 AM

Auction Details

Auction ID:573787

Bank Name:Bank of Maharashtra

Branch Name:Zonal Office : Ludhiana

Reserve Price:25,00,000

EMD:2,50,000

Service Provider:BAANKNET

Important Dates

Submission Date:14-10-2025 05:00 PM

Bid Start Date:15-10-2025 11:00 AM

Property Description

Bank of Maharashtra is auctioning a residential plot located in Phagwara, Kapurthala, Punjab. This SARFAESI auction presents a prime opportunity to acquire land in a developing area. The property, formerly associated with borrower MR. SANDEEP KUMAR, is suitable for residential development. Phagwara is a well-connected city in Punjab, offering access to essential amenities and infrastructure. This plot represents a solid investment for those looking to build or develop in the region.

State:Punjab

City:Kapurthala

Area:Phagwara

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by the Bank of Maharashtra for a residential plot in Phagwara, Kapurthala, Punjab. The auction has a reserve price of INR 25,00,000 and requires an Earnest Money Deposit (EMD) of INR 2,50,000. The auction will take place on 15-10-2025, commencing at 11:00 AM and concluding at 01:00 PM. Interested bidders are advised to review all auction terms and conditions provided by the bank. This is a significant opportunity to purchase a plot of land through a secured bank auction process.

Borrower Name:MR. SANDEEP KUMAR

Auction Type:SARFAESI Auction

Contact Details

Contact Mr. Vikas Sachdeva - 9478455246; Mr. Rohit-9914906997

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