Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611548
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹20,10,000
EMD:₹2,01,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
A valuable residential plot located in Nakodar, Jalandhar, Punjab, is up for auction by Canara Bank. This is a prime opportunity to acquire land in a developing area. The plot is categorized as residential and is being auctioned under the SARFAESI Act. Ideal for future construction or investment, this property offers significant potential.
State:Punjab
City:Jalandhar
Area:Nakodar
Asset Category:Residential
Full Address:Mohalla Udham Singh Nagar Nakodar-1 HB No. 31, Tehsil Nakodar, Distt. Jalandhar, Nakodar, Jalandhar
Size:10 Marlas
Auction Description
Canara Bank is conducting an e-auction for a residential plot in Nakodar, Jalandhar, Punjab. The auction will be held on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this SARFAESI auction is INR 20,10,000, with an Earnest Money Deposit (EMD) of INR 2,01,000 required. This is a great chance to bid on a property previously owned by Sh. Kuldeep Kumar.
Borrower Name:Sh. Kuldeep Kumar
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential plot in Nakodar, presents a calculated opportunity due to its manageable reserve price and potentially promising location. While further due diligence is needed regarding local market conditions, the property's type and size make it a reasonable investment prospect. The lack of detailed auction dates and contact information does introduce a slightly elevated risk.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
