Property for Auction in Ludhiana, Ludhiana, Punjab
Auction ID:543665
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹48,02,00,000
EMD:₹4,80,20,000
Service Provider:bankauctions.in
Submission Date:04-08-2025 05:00 PM
Bid Start Date:05-08-2025 11:30 AM
This is a commercial property located in Ludhiana, Punjab, associated with borrower M/s BHL Forex & Finlease Ltd. The property is offered as part of a SARFAESI auction by Karnataka Bank. Ludhiana is a major industrial and commercial center in Punjab, offering a robust business environment. The property's commercial nature makes it suitable for various business ventures, retail, office spaces, or investment purposes. Its location in Ludhiana provides access to a large customer base and established infrastructure.
State:Punjab
City:Ludhiana
Area:Ludhiana
Asset Category:Commercial
Karnataka Bank invites bids for a prime commercial property in Ludhiana, Punjab, through a SARFAESI auction. The auction is scheduled for August 5, 2025, from 11:30 AM to 12:30 PM. The earnest money deposit (EMD) is ₹4.802 crore, with a reserve price of ₹48.02 crore. This is an excellent opportunity to acquire a significant commercial asset in a key business hub. Don't miss out on this advantageous transaction.
Borrower Name:M/s BHL Forex & Finlease Ltd
Auction Type:SARFAESI Auction
Phone No : 01140591567