Property for Auction in Lohara, Ludhiana, Punjab
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611689
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹8,40,000
EMD:₹84,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2024-01-22
This is a bank auction of a residential plot located in Lohara, Ludhiana, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. The plot offers a prime location within Ludhiana, known for its industrial and commercial significance. Ideal for residential development or investment, this plot presents a valuable opportunity in a growing area. Secure your investment in a developing region of Punjab.
State:Punjab
City:Ludhiana
Area:Lohara
Asset Category:Residential
Full Address:Village Lohara, (Abadi Dhillon Nagar) Tehsil and District Ludhiana, Lohara, Ludhiana
Size:59.37 Sq. Yards
Canara Bank presents a SARFAESI auction for a residential plot in Lohara, Ludhiana, Punjab. The auction will commence on November 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this plot is ₹8,40,000, with an Earnest Money Deposit (EMD) of ₹84,000 required to participate. This is a unique chance to acquire a plot in a desirable location through a transparent auction process. Interested bidders are advised to review all auction terms and conditions on the Canara Bank website.
Borrower Name:Sh. Deepak
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The plot in Lohara, Ludhiana presents a calculated investment opportunity given its manageable size and the auction terms. The property's location and reserve price suggest moderate potential, but further local market analysis is recommended. It's a good option for those looking for land at a reasonable entry point.
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Rajinder Singh
Contact no:9463201818