Property for Auction in Ludhiana, Ludhiana, Punjab
Auction ID:550380
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹16,26,00,000
EMD:₹1,62,60,000
Service Provider:BAANKNET
Submission Date:18-08-2025 05:00 PM
Bid Start Date:19-08-2025 11:00 AM
This auction features a prime residential plot located in Ludhiana, Punjab. The property is situated in the Ludhiana area and is being auctioned by the State Bank of India under the SARFAESI Act. This is a significant opportunity to acquire land in a key urban center of Punjab. Details regarding the exact location, size, and any specific property features will be made available to interested bidders.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
State Bank of India invites bids for a SARFAESI auction of a residential plot in Ludhiana, Punjab. The auction is for M/s PACT Industries Limited's property. Bidding opens on August 19, 2025, at 11:00 AM and closes at 04:00 PM on the same day. The reserve price is INR 16,26,00,000, with an Earnest Money Deposit (EMD) of INR 1,62,60,000 required to participate.
Borrower Name:M/s PACT Industries Limited
Auction Type:SARFAESI Auction
Mr. Labh Singh:9417938292,Mr. Varinder Kumar 88942-17020