stocks for auction Civil Lines Ludhiana 14 lakh Central Bank of India

Property for Auction in Chandigarh, Chandigarh, Punjab

Recommendation
Calculated OpportunityScore: 5.5
Reserve Price
13,90,000
Reserve Price
13,90,000
EMD Required
1,39,000
Property Specifications
Unit No.144
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Chandigarh, Chandigarh
Auction Date IconAuction Date:
21-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 5.5

Auction ID:611031

Bank Name:Central Bank of India

Branch Name:SAM BRANCH, CHANDIGARH

Reserve Price:13,90,000

EMD:1,39,000

Bid Increment:10,000

Auction Time:02:00 PM to 06:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:21-11-2025 06:00 PM

Bid Start Date:2025-11-21

Property Description

Central Bank of India is auctioning a commercial property located in Chandigarh, Punjab. This asset, previously owned by M/s Rosy Hosiery Stocks, is categorized as commercial property. The property is situated in the heart of Chandigarh, offering excellent potential for business ventures. Its prime location ensures high visibility and accessibility, making it an attractive investment opportunity for aspiring entrepreneurs and established businesses alike. The auction will be conducted under SARFAESI guidelines, ensuring a transparent and legally sound transaction process.

State:Punjab

City:Chandigarh

Area:Chandigarh

Asset Category:Commercial

Full Address:144, Mills Partners: Late Sh. Kewal Kalra (Through Legal Representatives). Sh. Rahul Kalra, Regd. Office-144, Diwan Nihal Chand Road, Civil Lines, Ludhiana 141001, Civil Lines, Ludhiana

Auction Description

This is a SARFAESI auction conducted by the Central Bank of India for a commercial property in Chandigarh. The auction will commence on November 21, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price for this prime commercial asset is ₹13,90,000, with an Earnest Money Deposit (EMD) of ₹1,39,000 required to participate. This is a unique opportunity to acquire a valuable commercial space in Chandigarh through a public auction process facilitated by the Central Bank of India.

Borrower Name:M/s Rosy Hosiery Stocks

Auction Type:SARFAESI Auction

Guarantor Names:Late Sh. Kewal Kalra, Sh. Rahul Kalra, M/s Rosy Knitwears

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The auction presents a moderate investment opportunity. While the description of the stocks is vague, a low reserve price and the bank's involvement reduce risk. Investment is a calculated opportunity due to the unspecified stock type.

Contact Details

Branch:Branch Office : SAM BRANCH, CHANDIGARH

Service Provider:BAANKNET

Contact Details:

Contact no:9982768600

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