Securities and Financial Assets for auction Hussainpura Ludhiana 7 lakh Liquidation E-Auction

Property for Auction in Hussainpura, Ludhiana, Punjab

Recommendation
Calculated OpportunityScore: 6.8
Reserve Price
6,70,000
Reserve Price
6,70,000
EMD Required
25,000
Property Specifications
Auction TypeLiquidation Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Hussainpura, Ludhiana
Auction Date IconAuction Date:
27-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:614665

Bank Name:Liquidation E-Auction

Branch Name:Gurgaon

Reserve Price:6,70,000

EMD:25,000

Bid Increment:5,000

Auction Time:11:00 AM to 03:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-27

Property Description

This is a liquidation auction for a plot of land located in Hussainpura, Ludhiana, Punjab. The asset is categorized as residential and is being sold on behalf of VENUS GARMENTS (INDIA) LIMITED - In Liquidation. This is an excellent opportunity to acquire land in a developing area of Ludhiana.

State:Punjab

City:Ludhiana

Area:Hussainpura

Asset Category:Residential

Full Address:Hussainpura, Ludhiana, Punjab, Hussainpura, Ludhiana

Auction Description

An e-auction is being conducted by Liquidation E-Auction for the sale of a residential land parcel in Hussainpura, Ludhiana. The reserve price for this liquidation auction is INR 6,70,000, with an EMD of INR 25,000. The auction will take place on 27-11-2025, starting at 11:00 AM and concluding at 03:00 PM. Bid with confidence in this transparent online liquidation process.

Borrower Name:VENUS GARMENTS (INDIA) LIMITED - In Liquidation

Auction Type:Liquidation Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property represents a calculated opportunity due to its nature as financial assets rather than physical real estate. While the reserve price is relatively low, potential buyers should conduct thorough due diligence on the underlying company's financial health. The location in Ludhiana is a secondary factor, and the value is primarily derived from the equity shares themselves.

Contact Details

Branch:Branch Office : Gurgaon

Service Provider:BAANKNET

Contact Details:

Pramod Kumar Misra

Contact no:+919810702519

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