Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611660
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹7,80,000
EMD:₹78,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
A residential plot located in the well-connected area of Shimlapuri, Ludhiana, Punjab. This asset is part of a SARFAESI auction conducted by Canara Bank. The property offers a great opportunity for investment or building a home in a developing urban locality. Being a plot, it provides flexibility for construction as per your needs.
State:Punjab
City:Ludhiana
Area:Shimlapuri
Asset Category:Residential
Full Address:Plot No. 160, Guru Gobind Singh Nagar, Village Loharan, Tehsil Ludhiana South, Shimlapuri, District Ludhiana, Shimlapuri, Ludhiana
Size:50 Sq. yards
Auction Description
Canara Bank presents a SARFAESI auction for a residential plot in Shimlapuri, Ludhiana, Punjab. The auction has a reserve price of ₹7,80,000 and requires an Earnest Money Deposit (EMD) of ₹78,000. This is a prime opportunity to acquire property through a bank auction process. The auction will commence on November 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. Bid with confidence and secure your future investment.
Borrower Name:Smt. Neha
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a fair opportunity due to its location in Shimlapuri, Ludhiana. Given the plot size and reserve price, potential investors should carefully evaluate the local market conditions and growth prospects before investing. This represents a calculated risk with moderate potential return.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
