Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609981
Bank Name:Indian Bank
Branch Name:Zonal Office : LUDHIANA
Reserve Price:₹80,36,000
EMD:₹8,03,600
Bid Increment:₹20,000
Auction Time:10:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
A residential plot located in Kakowal, Ludhiana, Punjab. This property is being auctioned by Indian Bank under the SARFAESI Act. It presents an opportunity for investment or development in a well-known area.
State:Punjab
City:Ludhiana
Area:Kakowal
Asset Category:Residential
Full Address:Abadi Surya Vihar, Near Water Tank Vakiya, Village Kakowal, District Ludhiana, Kakowal, Ludhiana
Size:260 Sq. Yards
Auction Description
Indian Bank is conducting an online SARFAESI auction for a residential plot in Kakowal, Ludhiana, Punjab. The auction will take place on November 19, 2025, from 10:00 AM to 5:00 PM. The reserve price is ₹80,36,000 and the EMD is ₹8,03,600. The property is associated with the borrower M/S Anmol Knitting.
Borrower Name:M/S Anmol Knitting
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Sonia Jolly, Sanjeev Jolly
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in Ludhiana, offered at a reasonable reserve price. The location in Kakowal may present growth potential. Considering the auction terms and location, it is a calculated opportunity for investors willing to take a moderate risk.
Contact Details
Branch:Branch Office : Zonal Office : LUDHIANA
Service Provider:BAANKNET
Contact Details:
Contact no:7347035057
