Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611691
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹11,80,000
EMD:₹1,18,000
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 auction features a residential plot located in Garhshankar, Hoshiarpur, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. Ideal for residential development, this plot offers a prime opportunity in a developing area. Don't miss this chance to acquire a valuable asset.
State:Punjab
City:Hoshiarpur
Area:Garhshankar
Asset Category:Residential
Full Address:Village Mehdood, Tehsil Garhshankar, Distt. Hoshiarpur, Garhshankar, Hoshiarpur
Size:1.2 Kanal
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Garhshankar, Hoshiarpur, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹11,80,000, with an Earnest Money Deposit (EMD) of ₹1,18,000 required to participate. This is a public auction, and all terms and conditions will apply as per the SARFAESI Act.
Borrower Name:Shri Satnam Dass
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Garhshankar, Hoshiarpur, presents a calculated opportunity due to its rural setting and potential for local development. The reserve price of ₹1180000.0 is reasonable for the location, but thorough due diligence is advised. It's a worthwhile investment for those familiar with the local market and its prospects.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
