Plot for auction Mangat Ludhiana 1 Cr Indian Bank

Discover a prime plot of land in Ludhiana, Punjab, offered for auction by Indian Bank. Located in the Ludhiana area, this residential plot presents a fantastic opportunity for development or investment in a rapidly growing region. The property is part of a SARFAESI auction, ensuring a clear title and a transparent transaction process. Its strategic location within Ludhiana provides excellent connectivity and access to essential amenities, making it an attractive proposition for discerning buyers looking to secure a valuable asset in a sought-after location.

Indian Bank presents an exceptional SARFAESI auction opportunity for a residential plot in Ludhiana, Punjab. The bidding opens with a reserve price of ₹1,33,00,000, with an Earnest Money Deposit (EMD) of ₹13,30,000 required to participate. The auction will commence on November 19, 2025, at 10:00 AM and conclude at 05:00 PM on the same day. This is a direct sale by the bank, facilitating a secure and straightforward purchase process for M/s Rudra International's former asset. Don't miss this chance to acquire a significant plot in a prime Ludhiana location.

The property is a large plot in Ludhiana, a growing urban area, making it a potentially valuable investment. The reserve price seems reasonable given the size, location. Further due diligence is recommended to assess market value and potential for appreciation.