Property for Auction in Mangli Nichhi, Ludhiana, Punjab
Auction ID:571122
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹41,50,000
EMD:₹4,15,000
Service Provider:BAANKNET
Submission Date:20-09-2025 05:00 PM
Bid Start Date:22-09-2025 11:00 AM
This auction features a residential plot located in Mangli Nichhi, Ludhiana, Punjab. The property is offered by the State Bank of India under the SARFAESI Act. Ideal for development or personal use, this plot presents a valuable opportunity in a developing area of Ludhiana.
State:Punjab
City:Ludhiana
Area:Mangli Nichhi
Asset Category:Residential
State Bank of India is conducting a SARFAESI auction for a residential plot in Mangli Nichhi, Ludhiana. The auction will commence on September 22, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price is set at INR 41,50,000, with an Earnest Money Deposit (EMD) of INR 4,15,000 required to participate. This is a significant opportunity to acquire property in Punjab.
Borrower Name:M/S SAINI ENGG WORKS
Auction Type:SARFAESI Auction
Authorised Officer & Contact No. Vikas Kumar Chaurasiya (C.L.O) Mobile No. 9779075339 Amit Kumar (C. C.O) Mobile No. 9463484224