Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611690
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹10,80,000
EMD:₹1,08,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
This is a residential plot located in Bangaa, Shaheed Bhagat Singh Nagar, Punjab. The property is being auctioned by Canara Bank under SARFAESI rules. The plot is owned by Mr. Ravinder Kumar.
State:Punjab
City:Shaheed Bhagat Singh Nagar
Area:Bangaa
Asset Category:Residential
Full Address:Village Mallah Sodian, Tehsil Banga, SBS Nagar, Bangaa, Shaheed Bhagat Singh Nagar
Size:14 Marlas
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Bangaa, Shaheed Bhagat Singh Nagar, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is ₹10,80,000, with an Earnest Money Deposit (EMD) of ₹1,08,000 required to participate.
Borrower Name:Mr. Ravinder Kumar
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Bangaa presents a calculated opportunity due to its location and size. The reserve price appears reasonable, however, prospective buyers should conduct a thorough due diligence of the location and future development plans before making a final decision.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
