Property for Auction in Phoos Mandi, Bathinda, Punjab
Auction ID:532391
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹15,02,000
EMD:₹1,50,200
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
This offering features a valuable residential plot measuring 11 Marlas, strategically located in Phoos Mandi, Bathinda, Punjab. The property, identified within Khewat No. 123 and Khasra No. 570 Min, offers significant potential for development or as a personal residence. The plot is situated in a developing area, providing a promising investment opportunity in Bathinda's real estate market. Its boundaries are clearly defined: to the East by Jagdev Singh's property (117'-4"), to the West by Boota Singh's property (112'-2"), to the North by Gurdwara Sahib (25'-2"), and to the South by a Road (25'-2"). This plot, originally part of the estate of Sukhpal Singh, presents a unique chance for new buyers to enter the property market through a transparent auction process. Its location benefits from proximity to essential amenities and growing infrastructure, making it an attractive prospect for long-term value appreciation.
State:Punjab
City:Bathinda
Area:Phoos Mandi
Asset Category:Residential
This SARFAESI auction presents an opportunity to acquire a residential plot in Phoos Mandi, Bathinda, Punjab, on July 31st, 2025. The auction will be conducted online by BAANKNET on behalf of Canara Bank. Bidding commences at 11:30 AM and concludes at 12:30 PM on the same day. Interested buyers must submit their applications by 5:00 PM on July 30th, 2025. A crucial requirement for participation is the Earnest Money Deposit (EMD) of ₹150,200.00, which must be submitted prior to the auction. The reserve price for this property is set at ₹15,02,000.00. For detailed terms and conditions, including specific payment instructions and bidding procedures, please refer to the Sale Notice URL provided. Potential buyers are strongly advised to conduct thorough due diligence on the property and the auction process before placing any bids. For further inquiries, contact the Recovery & Legal Section at the provided branch contact numbers.
Borrower Name:Sukhpal Singh
Auction Type:SARFAESI Auction
Contact Branch, Branch Manager, Μ.: 98555202125, 9473973678