Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612324
Bank Name:Punjab National Bank
Branch Name:Regional bank
Reserve Price:₹34,00,000
EMD:₹3,40,000
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 part of a SARFAESI auction concerning the borrower Mr Balraj Singh. It presents an opportunity to acquire land in a key urban area of Punjab.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:Village Gurm, Hadbast No 321, sub-tehsil Dehlon, tehsil & distt Ludhiana, Punjab, Gurm, Ludhiana
Size:503.90 Sq yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Ludhiana, Punjab. The auction has a reserve price of ₹34,00,000 and an Earnest Money Deposit (EMD) of ₹3,40,000. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. Interested bidders should review all terms and conditions before participating.
Borrower Name:Mr Balraj Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:As per jamabandi of the year 2012-13, there is attachment of property in the name of Balraj Singh in CRM/284/2018 vide order dated 22/11/2018 from The Court of Malerkotla in Case Title Sanjeev Kumar Vs Balraj Singh., 2) That vide Rapat no 46 dated 16/10/2023 in jamabandi 2012-13. There is also attachment for Case Title "Karanjeet Singh vs Balraj Singh in COMA/85/2021 from Jagraon Court. 3) That, Civil suit CS/562/2025 (titled as Jasvir Kaur vs PNB) pending in the court of Civil Judge (Junior Divison) Ludhiana.
Why This Property
The plot in Ludhiana presents a calculated opportunity due to its size and location. The reserve price seems reasonable, but potential buyers should investigate existing attachments and legal suits. It is a good opportunity for locals.
Contact Details
Branch:Branch Office : Regional bank
Service Provider:BAANKNET
Contact Details:
Contact no: —
