Shop for auction Sq Yards Villa, Noorbhaini, Ludhiana by Punjab & Sind Bank

The property is a Commercial Property located in Noorbhaini, Ludhiana, Punjab. It bears MC no- B-XVII 2820/9 and is situated at Village Noor Bhaini, Hadbast no-169, Toye Wali Jagah, Basti Abdullapur, Tehsil & District Ludhiana. The total land holding measures 3659 Sq Yards. The auction pertains to three portions of this property, each measuring 500 Sq Yards, covered by sale deeds registered with the sub-registrar, Ludhiana vide wasika no 17646, 17647, and 17648, all dated 24.01.2006. Additionally, the auction includes other portions of the property measuring 551.25 Sq Yards (covered by wasika no 17640 and 17642, both dated 24.01.2006) and 1056.50 Sq Yards (covered by wasika no 17493 dated 20.01.2006), also located in the same area and pertaining to M/s Humble Hospitality Jalandhar Private limited & M/S Humble Hospitality Punjab Private Limited.

This is a SARFAESI Auction conducted by Punjab & Sind Bank for a Commercial Property located in Noorbhaini, Ludhiana. The property is identified by MC no- B-XVII 2820/9 and is situated at Village Noor Bhaini, Hadbast no-169. The total property measures 3659 Sq Yards, and the auction includes portions totaling 1500 Sq Yards, further detailed in three separate sale deeds. The property is under an equitable mortgage charge. The reserve price is 12,500,000.00 INR, with an Earnest Money Deposit (EMD) of 1,250,000.00 INR. The auction is managed by BAANKNET. The borrower is M/S Tornado Motors Pvt. Ltd. The auction will take place on 24-03-2025 from 11:30 AM to 12:30 PM. Applications for participation must be submitted by 22-03-2025 05:00 PM. For inquiries, Mr. Arun Kumar, Chief Manager, can be contacted at 9819221467.