Shop for auction B Inder Nagar, Ferozepur, Ludhiana by SBI

Property for Auction in Ferozepur, Ludhiana, Punjab

Reserve Price
16,26,00,000
Map Preview Unavailable
Reserve Price
16,26,00,000
EMD Required
1,63,00,000
Property Specifications
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Ferozepur, Ludhiana
Auction Date IconAuction Date:
30-04-2025 11:00 AM

Auction Details

Auction ID:486006

Bank Name:State Bank of India

Branch Name:STRESSED ASSETS MANAGEMENT (SAM) BRANCH : LUDHIANA

Reserve Price:16,26,00,000

EMD:1,63,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:29-04-2025 05:00 PM

Bid Start Date:30-04-2025 11:00 AM

Property Description

Commercial Property located at Plot No. B XXXXV-5, measuring 1251-1/4 Sq. Yards, in Village Sunet, Hadbast No. 159, locality known as Inder Nagar, Ferozepur Road, Ludhiana, Punjab. The property is an Equitable Mortgage and is bounded by Exterior Solutions (East), Owner's Plot (West), Ferozepur Road (North), and Other's Property (South). The property is associated with M/s PACT Industries Limited as the borrower and is owned by Smt. Tanupreet Kaur.

State:Punjab

City:Ludhiana

Area:Ferozepur

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction for a Commercial Property located in Ferozepur Road, Ludhiana, Punjab, owned by Smt. Tanupreet Kaur. The property, with ID SBIN200054347004, is an Equitable Mortgage of Plot No. B XXXXV-5, measuring 1251-1/4 Sq. Yards, situated in Village Sunet, Hadbast No. 159. It is bounded by Exterior Solutions to the East, Owner's Plot to the West, Ferozepur Road to the North, and Other's Property to the South. The auction is conducted by the State Bank of India, STRESSED ASSETS MANAGEMENT (SAM) BRANCH : LUDHIANA, through service provider BAANKNET. The reserve price is 162,600,000.00 and the EMD is 16,300,000.00. The auction starts on 30-04-2025 at 11:00 AM and ends on 30-04-2025 at 04:00 PM. The application submission deadline is 29-04-2025 at 05:00 PM. For inquiries, contact Kuldip Singh Malhi at 9814254051 or Mr. Varinder Kumar Pun at 889427020.

Borrower Name:M/s PACT Industries Limited

Auction Type:SARFAESI Auction

Contact Details

Branch:Branch Office : STRESSED ASSETS MANAGEMENT (SAM) BRANCH : LUDHIANA

Service Provider:BAANKNET

Contact Details:

Contact no: —

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