CommercialUpcoming auctionVerified listing
Commercial in Ludhiana
Ludhiana
Reserve price
₹12.50 Cr
Auction date
11 Feb 2026
11:30 AM
EMD deadline
01 Nov 2025
5:00 PM
Bid increment
₹12,50,000.00
Auction timeline
Auction starts
11 Feb 2026 at 11:30 AM
Auction ends
11 Feb 2026 at 12:30 PM
EMD submission deadline
01 Nov 2025 at 5:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Plot
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹12.50 Cr
Property Identifiers
Bank Property ID
PSIBTORNADO
CERSAI ID
200015543631
Collateral ID
TORNADO
Location details
Property Address
B-XVII - 2820/9, PLOT AREA 3659.00 SQ/YDS, ABADI BASTI ABDULLHAPUR, TOYE WALI JAGHA, LINK ROAD,VILLAGE NOOR BHAINI, TEHSIL AND DISTT LUDHIANA
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141001
Country: India
Nearest Airport / Railway Station / Bus Stand
BUS STAND LUDHIANA
Price history
2 previous auctions₹12,50,00,000.00
30 Dec 2025
Commercial
Punjab & Sind BankPossession: Physical
₹12,50,00,000.00
1 Nov 2025
Commercial
Punjab & Sind BankPossession: Physical
Borrower & Loan details
Borrower Name
M/S TORNADO MOTORS PVT LTD, HUMBLE HOSPITALITY PVT LTD AND HUMBLE HOSPITALITY PUNJAB PVT LTD
Registered Address of Borrower
1. OFFICE ADDRESS - G003 & G004, VIKAS CENTRE, 106 SV ROAD NEAR MILA SUBWAY SANTACRUZ MUMBAI - 400050
2. 12/C CENCED APARTMENT, UNION PARK , PALI HILL, KHAR, MUMBAI - 400052
3. 22 SF, HIG FLATS A BLOCK RANJIT AVENUE AMRITSAR - 143001
Owner
M/S JJ ENTERPRISES AND SH. JATINDER PAL SINGH SO SH. SURINDER SINGH
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹41.02 Cr
NPA Date
07 Feb 2015
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
TORNADO
Customer ID
000301127
Demand Notice
Notice Date
15 Feb 2015
Notice Amount
₹41.02 Cr
Asset Classification
Classification Date
30 Sept 2018
Classification ID
5
Possession Dates
Physical
05 Apr 2018
Additional details
Description
Total Area of the property 3659.00 SQ/YDS, PLOT IS LOCATED NEAR LUDHIANA ISBT
Sale Deed No. 17640, 17642, 17493 , 17648, 17647, 17646 and Dated 24-01-2006, 24-01-2006, 20-01-2006, 24-01-2006, 24-01-2006, 24-01-2006 respectively
EMD Schedule
EMD Start
21 Jan 2026
11:16 AM
EMD Deadline
10 Feb 2026
5:00 PM
Payment Deadline
01 Nov 2025
Inspection Schedule
Inspection Start
07 Feb 2026
1:00 PM
Inspection End
07 Feb 2026
4:00 PM
Officer Details
Authorized Officer
ARUN KUMAR
Authorised Officer - Scale - V - AGM
Dealing Officer
ARUN KUMAR
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹12,50,000.00
Extension Increment
₹10
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
TORNADO
CERSAI ID
200015543631
Property ID
PSIBTORNADO
Nearby Amenities
Nearest Station
BUS STAND LUDHIANA
Punjab & Sind Bank
Verified seller
Branch: MODEL TOWN-L0293
IFSC: PSIB
Bank contact
+91 92161 95155+91 98192 21467
Branch Address
NEAR POST OFFICE MODEL TOWNBranch IFSC
PSIB0000293Department
MODEL TOWN-L0293