Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611711
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹21,50,000
EMD:₹2,15,000
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 the developing area of Baba Bakala, Amritsar, Punjab. This property offers a great opportunity for investment or construction. Situated in a well-connected region, it promises potential for future growth. The plot is available through a SARFAESI auction conducted by Canara Bank.
State:Punjab
City:Amritsar
Area:Baba Bakala
Asset Category:Residential
Full Address:Village Rayya, Tehsil Baba Bakala, Distt. Amritsar, Baba Bakala, Amritsar
Size:02 marlas
Auction Description
Canara Bank is holding a SARFAESI auction for a residential plot in Baba Bakala, Amritsar, Punjab. The auction begins on November 20, 2025, at 11:30 AM and concludes at 12:30 PM on the same day. The reserve price for this property is INR 21,50,000, with an Earnest Money Deposit (EMD) of INR 2,15,000 required to participate. This is a valuable opportunity to acquire a plot in a growing urban area.
Borrower Name:M/s Raj Pipe Store
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This commercial plot in Baba Bakala offers a calculated opportunity given its location and price point. While not a prime investment, its strategic location near Amritsar and the auction terms make it worth considering for investors seeking land for commercial development. Further due diligence is recommended to assess the full potential.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
