Shop for auction 31 Baghpat Road, Rambagh, Sangrur by HDFC

Property for Auction in Rambagh, Sangrur, Punjab

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Rambagh, Sangrur
Auction Date IconAuction Date:
31-07-2025 10:30 AM

Auction Details

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

Important Dates

Submission Date:30-07-2025 04:00 PM

Bid Start Date:31-07-2025 10:30 AM

Property Description

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

Auction Description

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

Contact Details

Authorised Officer : Mr. Ramesh Jaiswal Mobile No : 9044743976

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