Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613701
Bank Name:ICICI Home Finance
Branch Name:Corporate Office : Mumbai
Reserve Price:₹13,27,217
EMD:₹1,32,722
Auction Time:02:00 PM to 03:00 PM
Service Provider:BidDeal.in
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime residential plot located in Kakka, Ludhiana, Punjab. The property is being auctioned by ICICI Home Finance under SARFAESI Act. Ideal for residential development, this plot offers a great investment opportunity in a growing area. Its location in Kakka provides accessibility and potential for future appreciation. The plot is categorized as a residential asset, making it suitable for building a dream home or for speculative investment purposes.
State:Punjab
City:Ludhiana
Area:Kakka
Asset Category:Residential
Full Address:315, Property No. 315 Comprised in Khasra No. 32//8-32/9/1-32//12/2-32//13-32//14-32//15-32//17-32//18-32//16 Khata No. 9/11-12/14 Jamabandi Year 2017-28 Village Kakaka Hasbast No 68, Tehsil & District Ludhiana As Per Document No. 11225 Dated 02.12.2022, Kakka, Ludhiana
Auction Description
ICICI Home Finance presents a SARFAESI auction for a residential plot in Kakka, Ludhiana, Punjab. The auction will commence on November 25, 2025, at 02:00 PM and conclude on the same day at 03:00 PM. The reserve price for this valuable asset is ₹13,27,217, with an Earnest Money Deposit (EMD) of ₹1,32,722 required to participate. This is a fantastic opportunity to acquire property directly from the bank at a competitive price. Don't miss this chance to bid on a plot in a desirable location.
Borrower Name:Harwinder Singh
Auction Type:SARFAESI Auction
Guarantor Names:Jagdish Singh, Dalvir Kaur
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Kakka, Ludhiana presents a calculated opportunity due to its location and the ongoing auction terms. While the reserve price seems reasonable, further due diligence is needed to assess local market conditions. Given the bank auction scenario, there is potential for a good return with informed decision-making.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Authorized Officer
Contact no:9920807300
