Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609167
Bank Name:SBFC Finance Ltd
Branch Name:Registered office
Reserve Price:₹14,94,045
EMD:₹1,49,404
Auction Time:12:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-17
Property Description
This is a bank auction of a residential plot located in Ludhiana, Punjab, under the SARFAESI Act. The property is offered by SBFC Finance Ltd and is associated with the borrower Mr. INDERJIT SINGH. The plot provides a valuable opportunity for real estate investment or development in the Ludhiana area.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:Village "Gaispura", H.B No. Date-262, Abaddi known as Guru Nanak Nagar Tehsil and District Ludhiana, Gaispura, Ludhiana
Size:100 sq. yards
Auction Description
SBFC Finance Ltd is conducting a SARFAESI auction for a residential plot in Ludhiana, Punjab. The auction has a reserve price of ₹14,94,045.00 and requires an EMD of ₹1,49,404.00. The auction will take place on 17-11-2025, starting at 12:30 PM and concluding at 01:30 PM. Interested bidders should ensure they meet all auction requirements before participating.
Borrower Name:Mr. INDERJIT SINGH
Auction Type:SARFAESI Auction
Guarantor Names:BARINDER KAUR
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a plot of land in Ludhiana, offered at a reasonable reserve price. Given the location and size, it presents a calculated investment opportunity. Prospective buyers should conduct thorough due diligence before participating in the auction due to the symbolic possession status.
Contact Details
Branch:Branch Office : Registered office
Service Provider:Public Auction
Contact Details:
Jatinder Singh
Contact no:+918558865633
