Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611498
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹11,21,000
EMD:₹1,12,100
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
A prime residential plot located in AlipurAraian, Patiala, Punjab. This asset, categorized as residential, offers a great opportunity for development or personal use. Situated in a developing area, it benefits from the growing infrastructure of Patiala. The plot is being auctioned by Canara Bank as part of a SARFAESI action.
State:Punjab
City:Patiala
Area:AlipurAraian
Asset Category:Residential
Full Address:Village Alipur Arriyan Patiala, Distt. Patiala Punjab, AlipurAraian, Patiala
Size:100 Sq. Yards
Auction Description
Canara Bank presents a SARFAESI auction for a residential plot in AlipurAraian, Patiala, Punjab. The auction will take place on 20-11-2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price for this property is INR 11,21,000, with an Earnest Money Deposit (EMD) of INR 1,12,100 required to participate. This is a unique opportunity to acquire a plot in a promising location.
Borrower Name:Mr. Shiv Kumar Singh
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This plot in AlipurAraian, Patiala, represents a calculated opportunity due to its reasonable reserve price and potential for future appreciation. While the location offers serenity, further due diligence is needed on local development plans and market trends. The auction terms are standard, suggesting a relatively straightforward acquisition process.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
