Plot for auction Amritsar Urban Joura Amritsar 11 lakh Indian Bank

Property for Auction in Amritsar, Amritsar, Punjab

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
77.50 Sq. Yds.
Reserve Price
10,72,000
Reserve Price
10,72,000
EMD Required
1,07,200
Property Specifications
Size77.50 Sq. Yds.
Unit No.945/7-6
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Amritsar, Amritsar
Auction Date IconAuction Date:
19-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:611035

Bank Name:Indian Bank

Branch Name:Zonal Office

Reserve Price:10,72,000

EMD:1,07,200

Bid Increment:10,000

Auction Time:10:00 A.M. TO 05:00 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

This is a bank auction for a parcel of land located in Amritsar, Punjab. The property is being auctioned by Indian Bank under the SARFAESI Act. It is identified as a residential asset. The auction offers an opportunity to acquire land in the vibrant city of Amritsar. This is a direct sale from the bank, providing a clear title for the buyer. The property is situated in Amritsar city, offering potential for various development purposes or personal use.

State:Punjab

City:Amritsar

Area:Amritsar

Asset Category:Residential

Full Address:945/7-6, Area Amritsar Joura Katra Garbha Singh Devi Wali Gali Kucha Kahan Singh, Tehsil & District Amritsar, Amritsar Urban Joura, Amritsar

Size:77.50 Sq. Yds.

Auction Description

Indian Bank presents a SARFAESI auction for a land property in Amritsar, Punjab. The auction will commence on November 19, 2025, at 10:00 AM and conclude at 05:00 PM on the same day. The reserve price for this residential land is INR 10,72,000, with an Earnest Money Deposit (EMD) of INR 1,07,200 required to participate. This is a prime opportunity to bid on a valuable piece of land in Amritsar. Ensure all pre-auction formalities are completed before the bidding period.

Borrower Name:M/s Rajan Medicine

Auction Type:SARFAESI Auction

Guarantor Names:Sh. Sachin Sachdeva, Sh. Sandeep Sachdeva, Sh. Sachin Sachdeva, Sh. Sandeep Sachdeva, Smt. Shafali Sachdeva

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential plot in Amritsar, offered at a reasonable reserve price. While the location has potential, further due diligence is recommended. The auction terms are standard, presenting a calculated opportunity for local investors.

Contact Details

Branch:Branch Office : Zonal Office

Service Provider:BAANKNET

Contact Details:

Mr. Neel Griv

Contact no:9123740033

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