Property for Auction in Satjot Nagar, Ludhiana, Punjab
Auction ID:556424
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹35,15,000
EMD:₹3,51,500
Service Provider:BAANKNET
Submission Date:22-08-2025 05:00 PM
Bid Start Date:25-08-2025 11:30 AM
This offering is for a residential plot situated in the well-regarded area of Satjot Nagar, Ludhiana, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. Ludhiana is a major industrial and commercial hub in Punjab, offering excellent connectivity and amenities. Satjot Nagar is known for its developing infrastructure and potential for growth, making it an attractive location for real estate investment. The plot is ideal for residential development.
State:Punjab
City:Ludhiana
Area:Satjot Nagar
Asset Category:Residential
Canara Bank is pleased to announce a SARFAESI auction for a residential plot located in Satjot Nagar, Ludhiana, Punjab. This is a prime opportunity to acquire a valuable asset. The reserve price for this property is INR 35,15,000, with an Earnest Money Deposit (EMD) of INR 3,51,500. The auction will be conducted online on August 25, 2025, starting at 11:30 AM and concluding at 12:30 PM. This is a chance to invest in a promising location. Property previously belonged to Sh. Ranjit Singh.
Borrower Name:Sh. Ranjit Singh
Auction Type:SARFAESI Auction
Contact SARM Ludhiana Branch, Authorized Officer Μ.: 9517700632