Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611300
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹38,80,000
EMD:₹3,88,000
Bid Increment:₹1,00,000
Auction Time:11:30 to 12:30
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential plot located in Phillaur, Jalandhar, Punjab. The property is being auctioned by Canara Bank as part of a SARFAESI action. It is a prime plot offering a great opportunity for development or investment in a growing region.
State:Punjab
City:Jalandhar
Area:Phillaur
Asset Category:Residential
Full Address:Village Nangal, Tehsil Phillaur, District Jalandhar, Nangal, Jalandhar
Size:645.23 Sq. Yd
Auction Description
Canara Bank is holding a SARFAESI auction for a residential plot in Phillaur, Jalandhar, Punjab. The auction will take place on November 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is ₹38,80,000, with an Earnest Money Deposit (EMD) of ₹3,88,000. This is a unique chance to acquire a valuable asset through a transparent bidding process.
Borrower Name:M/S Taj Enterprises
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area. The reserve price is reasonable, making it a potentially good investment. However, potential investors should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Shri Manoj S R
Contact no:9855109338
