Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611650
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹10,80,000
EMD:₹1,08,000
Auction Time:12:30 PM to 01:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-11-17
Property Description
This auction features a residential plot in Jagraon, Ludhiana, Punjab, brought to you by Canara Bank. This is a SARFAESI auction. The property is located in a developed area, offering a great opportunity for residential development or investment. Ensure all due diligence is performed before bidding.
State:Punjab
City:Ludhiana
Area:Jagraon
Asset Category:Residential
Full Address:Agwar Ladhai, Tehsil Jagraon, Distt. Ludhiana, Jagraon, Ludhiana
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential plot in Jagraon, Ludhiana, Punjab. The auction will take place on November 20, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price is INR 10,80,000, with an Earnest Money Deposit (EMD) of INR 1,08,000 required to participate. This is a prime opportunity to acquire property in a sought-after location. Contact the bank for further details and auction terms.
Borrower Name:Smt. Balbir Kaur
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Jagraon presents a calculated opportunity due to its location and relatively low reserve price. While the area's development potential exists, further due diligence is necessary. The symbolic possession status and limited information warrant a cautious approach.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Sh. Davinder Kumar
Contact no:94172-85125
