Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613712
Bank Name:ICICI Home Finance
Branch Name:Corporate Office : Mumbai
Reserve Price:₹5,50,697
EMD:₹55,070
Auction Time:02:00 PM to 03:00 PM
Service Provider:BidDeal.in
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential plot located in Bhamian kalan, Ludhiana, Punjab. It is part of a bank auction conducted by ICICI Home Finance. The property is being auctioned under SARFAESI proceedings.
State:Punjab
City:Ludhiana
Area:Bhamian kalan
Asset Category:Residential
Full Address:Khasra No. 50//6, 13, 14, 7, 1, 2/2, 8, 9, 10, 12, Khatta No. 409/471-472 Jamabandi Year 2008-2009, HB No. 181, Bhamian Kalan, Ludhiana
Auction Description
ICICI Home Finance is holding a SARFAESI auction for a residential plot in Bhamian kalan, Ludhiana, Punjab. The auction will take place on November 25, 2025, from 2:00 PM to 3:00 PM. The reserve price for this property is INR 550,697.0, with an Earnest Money Deposit (EMD) of INR 55,070.0 required to participate.
Borrower Name:Ram Magan
Auction Type:SARFAESI Auction
Guarantor Names:Renu
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Ludhiana offers moderate investment potential, given its established area. The relatively low reserve price compared to market trends and the physical possession status make it a reasonable opportunity for local investors familiar with the area. However, due diligence is essential to assess the property's exact dimensions, development restrictions, and potential for future appreciation.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Contact no:9920807300
