Plot for auction Punhana Chandigarh 45 lakh Canara Bank

A residential plot located in Punhana, Chandigarh, Punjab. This land parcel is being auctioned by Canara Bank under the SARFAESI Act. It presents a valuable opportunity for real estate investment or development in a developing area. The plot is ideal for constructing a home or for commercial purposes, subject to local regulations. Its strategic location offers potential for future growth and connectivity.

Canara Bank is conducting an e-auction for a residential plot in Punhana, Chandigarh, Punjab, under the SARFAESI Act. The auction will commence on November 29, 2025, at 12:30 PM and conclude at 01:30 PM on the same day. The reserve price for this property is ₹45,20,000, with an Earnest Money Deposit (EMD) of ₹4,52,000. This is a prime opportunity to acquire a plot of land through a transparent banking auction process. Interested bidders are advised to review all auction terms and conditions on the bank's portal.