Property for Auction in Focal Point (L), Ludhiana, Punjab
Auction ID:448767
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹1,47,00,000
EMD:₹14,70,000
Service Provider:BAANKNET
Submission Date:28-02-2025 11:00 AM
Bid Start Date:28-02-2025 12:00 PM
The property is an industrial plot consisting of factory land and a building, identified as D-162, Phase-VI, located in the Industrial Area of Focal Point, Ludhiana, Punjab. It spans 885.50 Sq. Yards. The boundaries are defined as North: Road (85.0"), South: Neighbor (85.0"), East: Vacate Plot No. (96.0"), and West: Asita Knitfab (96.0"). The property was acquired via lease deed bearing Wasika No.8463 dated 11.10.2012, registered with the Sub Registrar Ludhiana Central.
State:Punjab
City:Ludhiana
Area:Focal Point (L)
Asset Category:Industrials
Union Bank of India is auctioning a factory land and building located at D-162, Phase-VI, Focal Point (L), Ludhiana. The property measures 885.50 Sq. Yards and is situated in the Industrial Area. The auction is being conducted under the SARFAESI Act. The reserve price is 14,700,000.00 and the EMD is 1,470,000.00. The property is in the name of M/s Balaji Bolts through its Proprietor Mr. Varun Garg. The property has symbolic possession. The auction will take place on 28-02-2025 from 12:00 PM to 05:00 PM.
Borrower Name:M/s Balaji Bolts
Auction Type:SARFAESI Auction
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —