Shop for auction 2821 Ludhiana, Ludhiana by Karnataka Bank

Property for Auction in Ludhiana, Ludhiana, Punjab

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Ludhiana, Ludhiana
Auction Date IconAuction Date:
05-08-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:04-08-2025 05:00 PM

Bid Start Date:05-08-2025 11:30 AM

Property Description

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

Auction Description

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

Contact Details

Phone No : 01140591567

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