Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611557
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹8,00,000
EMD:₹80,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
This is a residential plot located in Nakodar, Jalandhar, Punjab. The property is being auctioned by Canara Bank under SARFAESI Act. It represents a valuable opportunity to acquire land in a developing area.
State:Punjab
City:Jalandhar
Area:Nakodar
Asset Category:Residential
Full Address:Village Allowal, Tehsil Nakodar, Distt. Jalandhar, Nakodar, Jalandhar
Size:10 Marla
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Nakodar, Jalandhar, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹8,00,000, with an EMD of ₹80,000. This is a public auction and interested bidders are invited to participate.
Borrower Name:Sh. Gurmej Pal
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in Nakodar, Punjab, offered at a reasonable reserve price. While land investments can be lucrative, potential buyers should investigate the location and local market thoroughly. The 'Calculated Opportunity' rating reflects the need for due diligence.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
