Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611562
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹16,16,000
EMD:₹1,61,600
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
This auction features a residential plot located in Kingra., Faridkot, Punjab. This is a SARFAESI auction conducted by Canara Bank. The plot is identified as an asset belonging to the borrower Randhir Singh. This is an excellent opportunity to acquire a plot in a developing area.
State:Punjab
City:Faridkot
Area:Kingra.
Asset Category:Residential
Full Address:Kingra., Faridkot, Punjab, Kingra, Faridkot
Size:1 kanal 03 marla
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Kingra., Faridkot, Punjab. The auction will take place on November 20, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price for this property is ₹16,16,000, with an Earnest Money Deposit (EMD) of ₹1,61,600. This is a prime opportunity for potential buyers to bid on this valuable asset.
Borrower Name:Randhir Singh
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a rural area. The price seems reasonable, but potential investors should conduct thorough due diligence regarding local market conditions and future development prospects. Its rating reflects moderate risk and potential return.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
