Property for Auction in Rambagh, Sangrur, Punjab
Auction ID:538280
Bank Name:HDFC Bank
Branch Name:Mumbai
Reserve Price:₹81,00,000
EMD:₹8,10,000
Service Provider:bankeauctions.com / C1 India
Submission Date:30-07-2025 04:00 PM
Bid Start Date:31-07-2025 10:30 AM
This prime commercial property, located in the bustling Rambagh area of Sangrur, Punjab, presents a compelling investment prospect for savvy buyers. The property, identified by Municipal No. 20/22-A and Khasra No. 1759, comprises the ground floor of a structure with an admeasuring area of 204.85 square meters. Its strategic location near Shiv Hari Mandir Colony on Baghpat Road benefits from good connectivity and visibility within the community. The detailed boundaries, including adjacent properties and a 15-foot wide 'Rasta' (pathway) to the south, provide clarity on its positioning. The sale includes all existing buildings, structures, plant, machinery, equipment, and accessories permanently attached to the earth, offering a comprehensive acquisition. This property is ideally suited for a variety of commercial ventures, offering significant potential for business growth and value appreciation in a developing locale.
State:Punjab
City:Sangrur
Area:Rambagh
Asset Category:Commercial
This presents a significant opportunity for aspiring property owners to acquire a commercial asset through a SARFAESI auction conducted by HDFC Bank. The auction process is designed to be transparent and efficient, commencing on July 31, 2025, with bidding open from 10:30 AM to 11:30 AM. Prospective buyers are required to submit their applications by July 30, 2025, at 4:00 PM. The earnest money deposit (EMD) is set at INR 810,000, with a reserve price of INR 8,100,000, indicating a well-defined entry point for serious bidders. This auction is managed by reputable service providers bankeauctions.com / C1 India, ensuring a professional transaction. Potential bidders are encouraged to thoroughly review all auction terms and conditions and conduct their own due diligence on the property and the auction process before participating. For any queries, the Authorised Officer, Mr. Ramesh Jaiswal, can be reached at 9044743976.
Borrower Name:M/s. Udaymaan Industry
Auction Type:SARFAESI Auction
Authorised Officer : Mr. Ramesh Jaiswal Mobile No : 9044743976