Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611601
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹13,07,000
EMD:₹1,30,700
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-11-07
Property Description
A residential plot located in Sunam (S), Sangrur, Punjab. This property is being auctioned by Canara Bank under the SARFAESI Act. The plot offers a valuable opportunity for real estate investment or development in a developing area.
State:Punjab
City:Sangrur
Area:Sunam (S)
Asset Category:Residential
Full Address:Village Akalgarh, Tehsil Sunam, Distt. Sangrur, Punjab, Akalgarh, Sunam
Size:285 Sq. Yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Sunam (S), Sangrur, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹13,07,000, with an Earnest Money Deposit (EMD) of ₹1,30,700. This is a prime opportunity to acquire a plot at a competitive price.
Borrower Name:Jaspal Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot offers a moderate investment opportunity given its residential zoning and location in Sunam. The reserve price seems reasonable, but further due diligence on local market rates is advised. The auction terms are standard, warranting a calculated approach to bidding.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
R.K. Goyal
Contact no:9416271733
