Property for Auction in Gobindgarh, Ludhiana, Punjab
Auction ID:574537
Bank Name:Union Bank of India
Branch Name:REGIONAL OFFICE : LUDHIANA
Reserve Price:₹11,70,000
EMD:₹1,17,000
Service Provider:BAANKNET
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 12:00 PM
This is a residential plot located in Gobindgarh, Ludhiana, Punjab. The property is being auctioned by the Union Bank of India due to a default by the borrower, M/s. Gupta Cloth House. This is a prime opportunity to acquire land in a developing area of Ludhiana. The plot is suitable for residential development. Interested parties should review all auction terms and conditions before bidding. Do not miss this chance to own a piece of Gobindgarh.
State:Punjab
City:Ludhiana
Area:Gobindgarh
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a valuable residential plot in Gobindgarh, Ludhiana, Punjab. The auction will commence on 26-09-2025 at 12:00 PM and conclude at 05:00 PM on the same day. The reserve price for this auction is INR 11,70,000, with an Earnest Money Deposit (EMD) of INR 1,17,000 required to participate. This is a direct sale opportunity to acquire the property of M/s. Gupta Cloth House. Secure your bid and potentially own this plot in Ludhiana.
Borrower Name:M/s. Gupta Cloth House
Auction Type:SARFAESI Auction
Branch: Fieldganj Ludhiana Contact No : 9785968601