Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614584
Bank Name:Punjab National Bank
Branch Name:SAMB CHANDIGARH
Reserve Price:₹4,94,00,000
EMD:₹49,40,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This is a prime land parcel located in Taraf Karabara, Ludhiana, Punjab, offered by Punjab National Bank through a SARFAESI auction. The property is categorized as residential land and presents a significant investment opportunity in a developing area. Its strategic location within Ludhiana ensures accessibility and potential for future growth. This is an ideal chance for developers or individuals seeking to acquire substantial land for residential projects.
State:Punjab
City:Ludhiana
Area:Taraf Karabara
Asset Category:Residential
Full Address:Taraf Karabara, Jalandhar Byepass, Adjacent to Kitty Bread Ludhiana, Taraf Karabara, Ludhiana
Size:1815 Sq. Yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a valuable land parcel in Taraf Karabara, Ludhiana. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this residential land is ₹4,94,00,000, with an Earnest Money Deposit (EMD) of ₹49,40,000 required to participate. This auction is an excellent opportunity to acquire a significant asset in Punjab.
Borrower Name:M/s IMPERIAL FABRICS (P) LTD
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Sushil Kumar Goel, Smt. Kiran Goel, Sh. Mitul Goel, Sh. Mehul Goel
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Secured Creditor
Why This Property
The property is a land parcel in Ludhiana with a moderate reserve price. While the location is advantageous, the auction terms require a substantial EMD. Investors should carefully evaluate the market potential and conduct thorough due diligence before bidding.
Contact Details
Branch:Branch Office : SAMB CHANDIGARH
Service Provider:BAANKNET
Contact Details:
SH. NAND KISHORE BARNWAL
Contact no:9735244455
