Property for Auction in Nakodar, Jalandhar, Punjab
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611519
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹14,35,000
EMD:₹1,43,500
Service Provider:BAANKNET
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
This auction features a parcel of land located in Nakodar, Jalandhar, Punjab. The property is being auctioned by Canara Bank as part of a SARFAESI action. This is an excellent opportunity to acquire land in a developing area. The reserve price is set at 14,35,000.0, with an EMD of 1,43,500.0. The land is categorized as residential.
State:Punjab
City:Jalandhar
Area:Nakodar
Asset Category:Residential
Full Address:Ram Das Colony, Village Nakodar-1, Hadbast No. 31, Tehsil Nakodar, District Jalandhar, Nakodar, Jalandhar
Size:5 Marla
Canara Bank is holding a SARFAESI auction for a residential land parcel in Nakodar, Jalandhar, Punjab. The auction will take place on 20-11-2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price for this property is 14,35,000.0, and the Earnest Money Deposit (EMD) required is 1,43,500.0. This is a single-day auction event, offering a clear opportunity for interested buyers to participate and acquire the asset.
Borrower Name:Sh. Vishal Sondhi
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The property's location in Nakodar, a developing area of Jalandhar, coupled with the relatively low reserve price, presents a calculated opportunity for potential buyers. While the land offers residential potential, further due diligence is advised due to limited auction details available.
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
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