BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in LUDHIANA

LUDHIANA, Ludhiana

Reserve price
₹1.00 Cr
Auction date
13 Mar 2026
12:00 PM
EMD deadline
13 Feb 2026
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
Village Taraf Saidan, H.B.no 172, Abadi Harbans Pura, Gaushala Road, Tehsil & Distt Ludhiana
Locality: LUDHIANA
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141001
Country: India

Auction timeline

Auction starts
13 Mar 2026 at 12:00 PM
Auction ends
13 Mar 2026 at 5:00 PM
EMD submission deadline
13 Feb 2026 at 5:00 PM

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

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.10 Cr
Property Identifiers
Bank Property ID
UBINCHDLAB5436B
Collateral ID
UBINCHDLAB5436B

Property Images

Price history

1 previous auctions
₹1.1Cr13 Feb₹1.0CrNow 9.1% down
₹1,10,00,000.00
13 Feb 2026
Commercial
Union Bank of India logoUnion Bank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s Jeewan Sons
Registered Address of Borrower
Kakka Dhola Road, Adjacent HP Gas Agency Godown, Near Bharat Box Factory, Bhamian kalan, Tajpur Road, Distt Ludhiana, Punjab – 141011
Owner
Shefali Modi w/o Lokesh Modi
Ownership of Property
Guarantor
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
UBINCHDLAB5436B
Customer ID
204655436
Demand Notice
Notice Date
18 Mar 2024
Possession Dates
Symbolic
18 Sept 2024

Additional details

Description
Mortgae Land/Building – Commercial property measuring 120 sqyds (48 sq yds + 72 sq yds) comprised in khasra no. 1149, khata no. 1593/1745 as per jamabandi for the year 2007-08, situated within revenue estate of Village Taraf Saidan, H.B.no 172, Abadi Harbans Pura, Gaushala Road, Tehsil & Distt Ludhiana, vide sale deed bearing vasika no. 8380 dated 25.07.2008 of area 48 sq yds and Sale Deed bearing vasika no. 8517 dated 29.07.2008 for area measuring 72 sq yds both properties in the name of Shefali Modi w/o Lokesh Modi. Property bounded as under:- East: Street 20’ wide, West: Neighbour North: Deepak Neighbour, South: Neighbour Bikkar Singh

EMD Schedule

EMD Start
25 Feb 2026
5:33 PM
EMD Deadline
13 Mar 2026
5:00 PM
Payment Deadline
13 Feb 2026

Officer Details

Authorized Officer
Prabhat Ranjan Singh
Authorised Officer - Scale - IV - CM
Dealing Officer
MANTU DAS

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
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
Collateral ID
UBINCHDLAB5436B
Property ID
UBINCHDLAB5436B
Union Bank of India logo
Union Bank of India
Verified seller
Branch: ARB LUDHIANA-579963
IFSC: UBIN

Bank contact

+91 99999 99999+91 74284 25406
Branch Address
KALRAS BUILDING, FIRST FLOOR, B-XV-295/B & B-XV-295/C,NEAR OSWAL STREET, MILLER GANJ, GT ROADPO - LUDHIANALUDHIANA, LUDHIANA, PUNJABPin Code - 141003
Branch IFSC
UBIN0579963
Department
ARB LUDHIANA-579963