Shop for auction 5 Bounded Bhikhwind, Tarn Taran by BOI

Property for Auction in Bhikhwind, Tarn Taran, Punjab

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Bhikhwind, Tarn Taran
Auction Date IconAuction Date:
14-08-2025 12:00 PM

Auction Details

Auction ID:548961

Bank Name:Union Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:76,00,000

EMD:7,60,000

Service Provider:BAANKNET

Important Dates

Submission Date:13-08-2025 05:00 PM

Bid Start Date:14-08-2025 12:00 PM

Property Description

This offering is a commercial property situated in Bhikhwind, Tarn Taran, Punjab, formerly belonging to M/s Algon Traders. The asset is categorized as commercial and is available through a SARFAESI auction by Union Bank of India. Its location in Bhikhwind, within the Tarn Taran district, offers potential for business growth and accessibility. Ideal for various commercial ventures, this property represents a sound investment opportunity in the Punjab region.

State:Punjab

City:Tarn Taran

Area:Bhikhwind

Asset Category:Commercial

Auction Description

Union Bank of India presents a SARFAESI auction for a commercial property located in Bhikhwind, Tarn Taran, Punjab. This is an excellent opportunity to acquire commercial space in a developing area. The reserve price is INR 76,00,000, with an Earnest Money Deposit (EMD) of INR 7,60,000 required. The auction will be conducted online starting on August 14, 2025, at 12:00 PM and concluding at 5:00 PM on the same day. Don't miss this chance to invest in a promising commercial asset.

Borrower Name:M/s Algon Traders

Auction Type:SARFAESI Auction

Contact Details

Contact Mob. No. 83760-02606

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