Shop for auction 08 New Sabji Mandi Sultanpur Road, New Sabji, Kapurthala by Canara

Property for Auction in New Sabji Mandi, Kapurthala, Punjab

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
New Sabji Mandi, Kapurthala
Auction Date IconAuction Date:
22-05-2025 11:30 AM

Auction Details

Auction ID:499061

Bank Name:Canara Bank

Branch Name:Recovery & Legal Section, Circle Office

Reserve Price:48,00,000

EMD:4,80,000

Service Provider:BAANKNET

Important Dates

Submission Date:21-05-2025 05:00 PM

Bid Start Date:22-05-2025 11:30 AM

Property Description

The property is a commercial unit, SCF No. 08, situated in the New Sabji Mandi area of Kapurthala, Punjab. It spans 900 square feet and is associated with the borrower M/s Sanjeev Khad Store. The property's boundaries are clearly defined: North by SCF 7 Shah Trading Co., South by SCF 9 Mukesh Kumar and Deepak Kohli, East by Markey Committee and Railway Line, and West by Road. This is a commercial property being auctioned by Canara Bank.

State:Punjab

City:Kapurthala

Area:New Sabji Mandi

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction for Lot-II, a Commercial Property located at SCF No. 08, New Sabji Mandi Sultanpur Road, Kapurthala. The property measures 900 sq. feet and is in the name of Sanjeev Kumar and Ashok Kumar. It is bounded on the North by SCF 7 Shah Trading Co., on the South by SCF 9 Mukesh Kumar, Deepak Kohli, on the East by Markey Committee, Railway Line, and on the West by Road. The auction is being conducted by Canara Bank, with a reserve price of 4,800,000.00 and an Earnest Money Deposit (EMD) of 480,000.00. The auction will take place on 22-05-2025 from 11:30 AM to 12:30 PM. The service provider is BAANKNET. For further inquiries, contact the Recovery & Legal Section, Circle Office, Sh. Vijay Kumar Aggarwal at 9878006036 or 8195950061.

Borrower Name:M/s Sanjeev Khad Store

Auction Type:SARFAESI Auction

Contact Details

Contact Branch, Sh. Vijay Kumar Aggarwal, Divisional Manager, Ph.: 9878006036, 8195950061

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