Property for Auction in Faridkot -3, Faridkot, Punjab
Auction ID:556455
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹42,00,000
EMD:₹4,20,000
Service Provider:BAANKNET
Submission Date:22-08-2025 05:00 PM
Bid Start Date:25-08-2025 11:30 AM
A residential plot located in Faridkot -3, Faridkot, Punjab. This property is part of a bank auction conducted by Canara Bank under the SARFAESI Act. The plot is situated in a key area of Faridkot, offering potential for residential development. It is an ideal opportunity for investors and individuals looking to own land in Punjab. The property is being auctioned due to a loan default by the borrower, Atamjit Singh.
State:Punjab
City:Faridkot
Area:Faridkot -3
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot in Faridkot -3, Faridkot, Punjab. The auction will take place on August 25, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 42,00,000, with an Earnest Money Deposit (EMD) of INR 4,20,000. This is a valuable opportunity to acquire property in a developing area. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank.
Borrower Name:Atamjit Singh
Auction Type:SARFAESI Auction
Contact SARM Ludhiana Branch, Authorized Officer Μ.: 9517700632