Plot for auction Taraf Sekhewal Ludhiana 88 lakh Canara Bank

This is a residential plot located in Taraf Sekhewal, Ludhiana, Punjab. The property is being auctioned by Canara Bank under the SARFAESI Act. It represents a valuable opportunity to acquire land in a developing area. The plot is ideal for residential development or investment. Its location in Ludhiana provides access to urban amenities and infrastructure. This auction presents a chance to own a piece of real estate in a prominent city of Punjab.

Canara Bank is conducting a SARFAESI auction for a residential plot in Taraf Sekhewal, Ludhiana. The auction will take place on November 20, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this property is INR 8,760,000, and the Earnest Money Deposit (EMD) required is INR 876,000. This is a unique opportunity to participate in a bank auction and potentially acquire a desirable plot of land at a competitive price. Interested bidders are advised to review all auction terms and conditions prior to the bidding period.

The industrial plot in Taraf Sekhewal, Ludhiana, presents a moderate investment opportunity given its location and reserve price. The auction terms and the 'Not Known to Bank' encumbrance details suggest potential due diligence is required. The property may offer value if the location is strategic for industrial use.