Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614124
Bank Name:HDFC Bank
Branch Name:Regional Office
Reserve Price:₹10,60,000
EMD:₹1,06,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 11.30 AM
Service Provider:BidDeal.in
Important Dates
Submission Date:2025-12-06
Bid Start Date:2025-12-08
Property Description
This is a residential plot located in Ludhiana, Punjab, being auctioned by HDFC Bank. The property is situated in the city of Ludhiana, offering a potential residential development opportunity. The asset category is residential, making it suitable for building a home. This plot is part of a SARFAESI auction initiated by HDFC Bank.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:191-min, H.NO. 18, STREET NO. 2, NAMDEV COLONY, SANDU NAGAR, Balraj Enclave, Village Chuharpur, Ludhiana
Size:58.33 sq. yard
Auction Description
HDFC Bank is conducting a SARFAESI auction for a residential plot in Ludhiana, Punjab. The auction will take place on 08-12-2025, starting at 11:00 AM and concluding at 11:30 AM. The reserve price for this plot is INR 10,60,000, with an Earnest Money Deposit (EMD) of INR 1,06,000 required to participate. This is a prime opportunity to acquire a plot in Ludhiana through a bank auction.
Borrower Name:MR. SUDHANSHU TIWARI
Auction Type:SARFAESI Auction
Guarantor Names:MRS. MINA DEVI
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a developing locality of Ludhiana, offered at a reasonable reserve price. While it's a good opportunity for local investors, the terms of the auction and specific location require careful evaluation. It's a calculated risk with potential for moderate returns.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BidDeal.in
Contact Details:
Authorised Officer
Contact no:9266604643
