Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612331
Bank Name:Punjab National Bank
Branch Name:Regional bank
Reserve Price:₹30,80,000
EMD:₹3,08,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
A residential plot located in Ludhiana, Punjab, offered for auction by Punjab National Bank. This property presents a great opportunity for development or investment in a prime urban area.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:15-Z, Plot No. 15-Z, Khasra No. 1598 Khata No. 440/544, Village Daad, H. B. No. 279, Tehsil & Distt Ludhiana, Daad, Ludhiana
Size:168 sqyds
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Ludhiana, Punjab. The bidding starts with a reserve price of INR 30,80,000 and requires an Earnest Money Deposit (EMD) of INR 3,08,000. The auction will be held online on November 26, 2025, from 11:00 AM to 04:00 PM.
Borrower Name:M/s Star Wines
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Secured Creditor
Why This Property
The plot in Ludhiana presents a calculated opportunity due to its size and location. The reserve price seems reasonable, however, potential investors should investigate local market trends and factor in the symbolic possession status. Further due diligence is essential before bidding.
Contact Details
Branch:Branch Office : Regional bank
Service Provider:BAANKNET
Contact Details:
Contact no: —
