Property for Auction in Noorwala Road, Ludhiana, Punjab
Auction ID:546424
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH , Ludhiana
Reserve Price:₹38,66,000
EMD:₹3,86,600
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:00 AM
This auction features a residential plot situated on Noorwala Road in Ludhiana, Punjab. The property is being auctioned by the State Bank of India under the SARFAESI Act. It offers a prime location within Ludhiana, known for its developing infrastructure and accessibility. The plot is categorized as residential, presenting potential for various development opportunities. This asset is being offered as part of a bank auction, providing a direct acquisition route.
State:Punjab
City:Ludhiana
Area:Noorwala Road
Asset Category:Residential
State Bank of India invites bids for a SARFAESI auction of a residential plot located on Noorwala Road, Ludhiana, Punjab. The auction, held on 20-08-2025 from 11:00 AM to 04:00 PM, has a reserve price of ₹38,66,000 and an EMD of ₹3,86,600. This is an opportunity to acquire a property through a bank auction process. Interested parties are advised to review all terms and conditions prior to bidding. The property is associated with M/s Khosla Knits.
Borrower Name:M/s Khosla Knits
Auction Type:SARFAESI Auction
JAIBIR SINGH (CLO) Mobile No : 9988192220 / SHIVAMDEEP SINGH (C.C.O) Mobile No : 9592748964