Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611695
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹30,60,000
EMD:₹3,06,000
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 is a residential plot located in Phagwara, Kapurthala, Punjab. It is being auctioned by Canara Bank under the SARFAESI Act. The property was previously associated with Major Randev Filling Station. This is a prime opportunity to acquire land in a developing area.
State:Punjab
City:Kapurthala
Area:Phagwara
Asset Category:Residential
Full Address:Mohalla Kotrani Adjoining ECHS Polyclinic, Tehsil Phagwara, Distt. Kapurthala, Kotrani, Phagwara
Size:18.92 marlas
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Phagwara, Kapurthala, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this auction is ₹30,60,000, with an Earnest Money Deposit (EMD) of ₹3,06,000 required to participate. Don't miss this chance to bid on this valuable asset.
Borrower Name:Major Randev Filling Station
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Phagwara offers a calculated opportunity due to its developing location and reasonable reserve price. While the area shows promise, further due diligence is needed regarding local market conditions and potential development restrictions. The moderate prime property score reflects a balance of opportunity and risk.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
