Property for Auction in Guruwali, Amritsar, Punjab
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610449
Bank Name:Bank of Baroda
Branch Name:Regional Office : Amritsar
Reserve Price:₹28,10,000
EMD:₹2,81,000
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
This is a prime plot of land located in Guruwali, Amritsar, Punjab. The property is being auctioned by Bank of Baroda as part of a SARFAESI action. Ideal for residential development, this plot offers a great investment opportunity in a growing area. Don't miss the chance to own a piece of Amritsar.
State:Punjab
City:Amritsar
Area:Guruwali
Asset Category:Residential
Full Address:261, Guruwali Abadi Heritage City, Plot no. 261, Killa no. 16//25, 15//21/2, 21/3 Min, situated at Village Guruwali Abadi Heritage City, Tehsil Amritsar II, Guruwali, Amritsar
Building/Society:Guruwali Abadi Heritage City
Size:115.55 sq. yards
Bank of Baroda is conducting a SARFAESI auction for a residential plot in Guruwali, Amritsar, Punjab. The auction begins on November 24, 2025, at 2:00 PM and concludes at 6:00 PM on the same day. The reserve price for this property is INR 28,10,000, with an Earnest Money Deposit (EMD) of INR 2,81,000 required. This is a secured creditor auction, offering a transparent and direct purchase process.
Borrower Name:Mr. Shamsher Singh
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property offers a decent investment in a developing locality. The price seems reasonable, but further due diligence is recommended. Given the physical possession status, it presents a less risky proposition, making it a calculated opportunity for potential buyers.
Branch:Branch Office : Regional Office : Amritsar
Service Provider:BAANKNET
Contact Details:
Contact no:70781-15313