Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611609
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹13,17,000
EMD:₹1,31,700
Auction Time:11:00 AM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-12-11
Property Description
This is a residential plot located in Zira, Firozpur, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents a valuable opportunity for investment or development in a growing area. The plot is situated in a well-connected locality, offering potential for residential construction. Don't miss this chance to own a piece of land in Firozpur.
State:Punjab
City:Firozpur
Area:Zira
Asset Category:Residential
Full Address:Village Mallanwala, Ward. No. 12, Chahal, Mallanwala, Zira Road, Mallanwala Janubi, Tehsil Zira, District Ferozepur, Mallanwala, Zira
Size:12 Marlas
Auction Description
Canara Bank is holding a SARFAESI auction for a residential plot in Zira, Firozpur, Punjab. The auction has a reserve price of INR 13,17,000 and requires an Earnest Money Deposit (EMD) of INR 1,31,700. The bidding will take place online on November 20, 2025, starting at 11:30 AM and concluding at 12:30 PM. This is a secured asset auction. Please refer to the official Canara Bank auction portal for detailed terms and conditions.
Borrower Name:Sh. Manpreet Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Zira, Punjab, presents a calculated opportunity due to its location and the bank auction terms. The reserve price and symbolic possession status make it moderately attractive, but potential investors should assess local market conditions before bidding.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
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