Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612330
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
This is a residential plot located in Ludhiana, Punjab, offered for auction by Punjab National Bank. The property is situated in the Ludhiana area. This SARFAESI auction presents an opportunity to acquire a plot in a well-known city. The reserve price for this auction is ₹30,80,000, with an Earnest Money Deposit (EMD) of ₹3,08,000 required to participate. The borrower associated with this asset is M/s Star Wines.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:14-Z, Plot No. 14-Z, 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 auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM on the same day. The reserve price for this plot is ₹30,80,000, and prospective bidders must submit an EMD of ₹3,08,000. This is a prime opportunity to invest in real estate in Ludhiana through a secured bank auction.
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 property, a plot in Ludhiana, presents a calculated opportunity due to its location. The reserve price seems fair, but potential investors should investigate any encumbrances and local market conditions before bidding. The symbolic possession status also warrants careful consideration.
Contact Details
Branch:Branch Office : Regional bank
Service Provider:BAANKNET
Contact Details:
Contact no: —
