Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:615297
Bank Name:Punjab & Sind Bank
Branch Name:Ludhiana Zone
Reserve Price:₹2,30,00,000
EMD:₹23,00,000
Auction Time:11:00 AM to 2:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-29
Bid Start Date:2025-12-30
Property Description
Discover a prime plot of land in Ludhiana, Punjab, offered by Punjab & Sind Bank through a SARFAESI auction. This residential plot presents a unique investment opportunity in a sought-after location within Ludhiana city. The property is part of the assets of M/s Makkar Steels Pvt Ltd. Don't miss this chance to acquire a valuable asset.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Residential
Full Address:Wakia Village Lakhowal, Hadbast No. 190 Tehsil & District Ludhiana, Lakhowal, Ludhiana
Size:9 Kanals
Auction Description
Punjab & Sind Bank is conducting a SARFAESI auction for a residential plot in Ludhiana, Punjab. The auction will take place on December 30, 2025, from 11:00 AM to 02:00 PM. The reserve price for this exciting opportunity is ₹2,30,00,000, with an Earnest Money Deposit (EMD) of ₹23,00,000 required to participate. This is a prime chance for investors and buyers to acquire a property through a transparent bank auction process.
Borrower Name:M/s Makkar Steels Pvt Ltd.
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Ajay Kumar S/o Sh. Ravinder Pal, Sh. Sudhanshu Jindal S/o Sh. Ajay Kumar Jindal, Smt. Renu Jindal W/o Sh. Ajay Kumar Jindal
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a sizable land parcel in Ludhiana, offering potential for development. However, the auction terms and unknown encumbrances make it a calculated opportunity. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Ludhiana Zone
Service Provider:Public Auction
Contact Details:
Contact no: —
