Plot for auction SANGEETA SATGURU NAGAR, Shimlapuri, Ludhiana by Punjab & Sind Bank

This auction features a residential plot situated in the Shimlapuri area of Ludhiana, Punjab. The property is being auctioned by Punjab & Sind Bank under the SARFAESI Act. It is a land parcel intended for residential use, offering potential for construction and development. Located in Ludhiana, a major industrial and commercial hub in Punjab, the plot benefits from its strategic position. The property is available for acquisition via a bank auction process, providing a transparent method for purchasing. It is a vacant land parcel in a recognized locality.

Punjab & Sind Bank is holding a SARFAESI auction for a residential plot located in Shimlapuri, Ludhiana, Punjab. This is a bank-foreclosed property belonging to Mr. Sh. Shanker Kumar. The auction will take place on August 29, 2025, from 11:00 AM to 02:00 PM. The reserve price for this plot is ₹7,85,000, with an Earnest Money Deposit (EMD) of ₹80,000 required to participate. This presents a significant opportunity for investors and buyers seeking property in a developing area of Ludhiana.