Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611633
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹8,72,000
EMD:₹87,200
Auction Time:11:30 AM to 01:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2023-12-27
Property Description
This is a residential plot located in Malout, Muktsar, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents an excellent opportunity for investment or development in a growing area. The plot is situated in a key location within Malout.
State:Punjab
City:Muktsar
Area:Malout
Asset Category:Residential
Full Address:Village Danewala, Tehsil Malout, Malout, Muktsar
Size:2400 Sq. Ft.
Auction Description
Canara Bank is holding a SARFAESI auction for a residential plot in Malout, Muktsar, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at ₹8,72,000, with an EMD of ₹87,200. This is a prime opportunity to acquire a valuable asset through a transparent bidding process. Don't miss this chance to own a property in Punjab.
Borrower Name:Harbans Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a plot in Malout, Punjab, presents a calculated opportunity due to its reasonable reserve price. However, a detailed due diligence about the location and possible future appreciation is needed before investing. The symbolic possession status requires additional considerations before bidding.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
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