Property for Auction in Ludhiana,, Punjab, Punjab
Auction ID:530829
Bank Name:Shubham Housing Development Finance Co Ltd
Branch Name:Udyog Vihar Phase IV< Gurgaon
Reserve Price:₹13,80,760
EMD:₹1,38,076
Service Provider:Public Auction
Submission Date:30-07-2025 04:00 PM
Bid Start Date:31-07-2025 10:00 AM
This public auction, managed by Shubham Housing Development Finance Co Ltd, offers a residential plot in Ludhiana, Punjab. The auction will take place on 31st July 2025, commencing at 10:00 AM and concluding at 4:00 PM. Bidders are required to submit their applications by 4:00 PM on 30th July 2025. The reserve price for this property is set at INR 13,80,760, with an Earnest Money Deposit (EMD) of INR 1,38,076, indicating the minimum bidding threshold and security deposit required. This is a SARFAESI auction, a process governed by specific legal frameworks designed for the recovery of secured debts. Interested parties should familiarize themselves with these regulations. For any queries or further information, prospective buyers can contact Mr. Asif Iqbal, the Authorized Officer, at 7048951248. The property is located in Vill. Kuliyewal, Banda Bahadar Colony, Near Raju Colony, Hadbast No. 178, Khasra No. 10//8, 9, 11, 12, 13, 18/1, Khata No. 71/73, Teh & Distt. Ludhiana, Punjab-141001. Prospective bidders are strongly advised to conduct thorough due diligence, including site visits and legal verification, before participating.
State:Punjab
City:Punjab
Area:Ludhiana,
Asset Category:Residential
This SARFAESI auction presents a compelling opportunity to acquire a residential plot located in the developing area of Ludhiana, Punjab. Situated in Vill. Kuliyewal, Banda Bahadar Colony, near Raju Colony, this plot falls within Hadbast No. 178, comprising Khasra Nos. 10//8, 9, 11, 12, 13, 18/1 and Khata No. 71/73. The property's designation as a plot offers significant flexibility for new buyers, whether for immediate construction of a dream home or as a strategic investment in a growing urban landscape. Ludhiana, a major industrial and commercial hub in Punjab, provides a robust economic backdrop and potential for capital appreciation. While specific local amenities and proximity details require further on-site investigation, the location within a named colony suggests access to emerging infrastructure. Aspiring homeowners and investors alike should consider the inherent advantages of purchasing property through such a transparent and regulated auction process.
Borrower Name:Vijay Kumar
Auction Type:SARFAESI Auction
Mr. Asif Iqbal Authorised Officer Mobile No : 7048951248