Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611594
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹10,44,000
EMD:₹1,04,400
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:30 AM
Property Description
This is a prime commercial shop located in Muktsar, Punjab, offered for auction by Canara Bank. Situated in the 'mukstar' area, this property presents a valuable opportunity for businesses seeking a strategic location. The asset is categorized as Commercial, ideal for retail or service-oriented ventures. Don't miss the chance to acquire this commercial space in a developing region.
State:Punjab
City:Muktsar
Area:mukstar
Asset Category:Commercial
Full Address:mukstar, Muktsar, Punjab, Muktsar, Muktsar
Auction Description
Canara Bank presents a SARFAESI auction for a commercial shop in Muktsar, Punjab. The auction begins on November 20, 2025, at 11:30 AM and concludes at 12:30 PM on the same day. The reserve price is set at ₹10,44,000, with an Earnest Money Deposit (EMD) of ₹1,04,400 required. This is a unique opportunity to bid on a commercial property formerly associated with M/s Beer Atta Chakki.
Borrower Name:M/s Beer Atta Chakki
Auction Type:SARFAESI Auction
Why This Property
The property's location in Muktsar and commercial shop type present a calculated opportunity. The reserve price seems reasonable. Further due diligence is recommended to evaluate potential returns on investment.
Contact Details
Branch:Branch Office : Recovery & Legal Section, Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
