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Commercial in Batala

Batala

Reserve price
₹25.00 L
Auction date
11 Mar 2026
10:00 AM
EMD deadline
10 Dec 2025
4:50 PM
Bid increment
₹10,000.00

Location details

Property Address
All that part and parcel of Equitable Mortgage of Property measuring 0K-3M being 3/178 share out of Khasra No. 7//23/1(0-13),10//4/2(3-4),7//13/2(0-16),13/3(1-0),29//17/3/2(0-4),17//3/3(0-9),17/3/4(0-5),17/3/5(0-19),17/3/6(0-1),17/3/1(0-9),17/4(0-18),total land 8K-18M Kehwat No. 607,Khatoni No. 607,Khatoni No. 922-927,situated at VPO Ghuman,Tehsil-Batala,Distt. Gurdaspur,Punjab registered in the office of Shri Hargobindpur (Panchayat) ;vide Rapat No. 3 dated 09.09.2015 in the name of Sh. Navjit Singh S/o Sh. Narinder Kumar.
City: Batala
District: Gurdaspur
State: Punjab
Pin Code: 143505
Country: India

Auction timeline

Auction starts
11 Mar 2026 at 10:00 AM
Auction ends
11 Mar 2026 at 5:00 PM
EMD submission deadline
10 Dec 2025 at 4:50 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹40.15 L
Property Identifiers
Bank Property ID
IDIB050297917752

Property Images

Price history

4 previous auctions
₹40.1L20 Aug₹36.1L₹25.0LNow 37.7% down
₹32,53,000.00
18 Feb 2026
Commercial
Indian Bank logoIndian BankPossession: Symbolic
₹36,13,500.00
21 Jan 2026
Commercial
Indian Bank logoIndian BankPossession: Symbolic
₹40,15,000.00
10 Dec 2025
Commercial
Indian Bank logoIndian BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s Luxmi Traders;Prop. Sh. Narinder Kumar
Registered Address of Borrower
Vpo Ghuman Tehsil Batala,Distt. Gurdaspur,Punjab-143514. (Proprietorship Firm)
Co-Borrower(s)
Sh. Narinder Kumar S/o Sh. Ram Parkash,Sh. Navjit Singh S/o Sh. Narinder Kumar,Sh. Ramesh Chander S/o Sh. Khushi Ram
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Possession Dates
Symbolic
15 Jul 2025

EMD Schedule

EMD Start
27 Feb 2026
1:06 PM
EMD Deadline
11 Mar 2026
4:50 PM
Payment Deadline
10 Dec 2025

Inspection Schedule

Inspection Start
02 Mar 2026
10:00 AM
Inspection End
09 Mar 2026
4:00 PM

Officer Details

Authorized Officer
RAM DIWAKAR KUMAR
Authorised Officer - Scale - IV - CM
Dealing Officer
RAVINDER KUMAR

Auction Rules

Bid Increment
₹10,000.00
Extension Increment
₹10,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
IDIB050297917752
Indian Bank logo
Indian Bank
Verified seller
Branch: BATALA - 4167
IFSC: IDIB

Bank contact

+91 187 1243102+91 98553 69499
Branch Address
G T ROAD BATALA,
Branch IFSC
IDIB000A019
Department
BATALA - 4167