Plot for auction Lohara Ludhiana 8 lakh Canara Bank

Property for Auction in Lohara, Ludhiana, Punjab

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
59.37 Sq. Yards
Reserve Price
8,40,000
Reserve Price
8,40,000
EMD Required
84,000
Property Specifications
Size59.37 Sq. Yards
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Lohara, Ludhiana
Auction Date IconAuction Date:
20-11-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:19-11-2025 05:00 PM

Bid Start Date:2024-01-22

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Recovery & Legal Section, Circle Office

Service Provider:BAANKNET

Contact Details:

Rajinder Singh

Contact no:9463201818

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