Plot for Auction Abadi New Preet Nagar Amritsar 10 Lakh by India Infoline Housing Finance Ltd Iifl Hfl 27 Jul 2026
Abadi New Preet Nagar, Amritsar
Area: 60.0 Sq. yard
Plot bearing Private no. 49 min and 50 min, Khasra no.1606.1609 min, Tungbala Urban, Abadi New Preet Nagar, Amritsar Tehsil & Distt. Amritsar 143001
India Infoline Housing Finance Ltd. (IIFL-HFL) · Amristar
Reserve price
₹10,00,000
EMD ₹1,00,000
Auction date
27 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 60.0 Sq. yard
- ▸Locality: Abadi New Preet Nagar
- ▸Reserve: ₹10,00,000
- ▸EMD: ₹1,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Abadi New Preet Nagar |
| Built-up / plot area | 60.0 Sq. yard |
| Lender | India Infoline Housing Finance Ltd. (IIFL-HFL) |
| Branch | Amristar |
| Unit / flat no. | Private no. 49 min and 50 min |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in Abadi New Preet Nagar, Amritsar by India Infoline Housing Finance Ltd. (IIFL-HFL) — reserve price ₹10,00,000, 60.0 Sq. yard, Symbolic possession.
Discover a compelling bank auction property in Amritsar, offered by IIFL Home Finance Ltd. This residential plot, measuring 60 Sq. yard (equivalent to 540 Sq. Ft.), is strategically located in the developing Abadi New Preet Nagar, Tungbala Urban area. Identified as Plot no. 49 min and 50 min under Khasra no. 1606.1609 min, this land for sale presents an investment opportunity with a reserve price of ₹10,00,000. The Earnest Money Deposit (EMD) required is ₹1,00,000, with a bid increment set at ₹20,000. The e-auction is scheduled for July 27, 2026, from 11:00 AM to 01:00 PM, with property inspection available on July 22, 2026. Bidders seeking property in Amritsar should note the symbolic possession status and a pending SA with PLA/302/25, necessitating thorough due diligence. For more details on this Amritsar land auction, prospective buyers can contact IIFL-HFL's support helpline.
GeoSquare note: This residential plot in Abadi New Preet Nagar, Amritsar, offers an affordable entry into the Amritsar real estate market. However, the 'Symbolic' possession status combined with a noted 'Pending SA with PLA/302/25' represents a significant legal risk. While the reserve price of ₹10 lakhs for a 60 Sq. yard plot is attractive, the potential legal complexities warrant extreme caution and extensive due diligence, making it a risky choice primarily for experienced investors.
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