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Commercial in MACHIWARA

MACHIWARA, Machhiwara

Reserve price
₹43.62 L
Auction date
10 Feb 2026
11:00 AM
EMD deadline
10 Feb 2026
4:00 PM
Bid increment
₹20,000.00

Auction timeline

Auction starts
10 Feb 2026 at 11:00 AM
Auction ends
10 Feb 2026 at 5:00 PM
EMD submission deadline
10 Feb 2026 at 4:00 PM

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

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹43.62 L
Property Identifiers
Bank Property ID
BKIDLD310525
Collateral ID
IDD

Location details

Property Address
Commercial Property shop no 2327 & 2328 measuring 48 sqyds situated at Main bazar, Machiwara, inner road from gurudwara charan kanwal sahib road, tehsil Machiwara & district Ludhiana in the name of Mr. Sanjeev Kumar S/o Mr. Ram Chand Lehal vide wasika no 975 dt 13.01.1998 & wasika no 302 dated 15.05.2009
Locality: MACHIWARA
City: Machhiwara
District: Ludhiana
State: Punjab
Pin Code: 141115
Country: India

Borrower & Loan details

Borrower Name
M/s Lehal Fridge & TV Centre (Borrower)
Registered Address of Borrower
Sunder Market, Gurudwara Charan Kanwal Sahib Road Machhiwara, Tehsil Samrala-141115
Owner
Mr. Sanjeev Kumar Lehal S/o Mr. Ram Chand Leha
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹67.00 L
NPA Date
15 Mar 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
IDD
Customer ID
013536388
Possession Dates
Symbolic
29 Jun 2024

Additional details

Property USP
.
Description
Commercial Property shop no 2327 & 2328 measuring 48 sqyds situated at Main bazar, Machiwara, inner road from gurudwara charan kanwal sahib road, tehsil Machiwara & district Ludhiana in the name of Mr. Sanjeev Kumar S/o Mr. Ram Chand Lehal vide wasika no 975 dt 13.01.1998 & wasika no 302 dated 15.05.2009.

EMD Schedule

EMD Start
07 Jan 2026
12:01 PM
EMD Deadline
10 Feb 2026
4:00 PM
Payment Deadline
10 Feb 2026

Inspection Schedule

Inspection Start
08 Jan 2026
12:00 AM
Inspection End
09 Feb 2026
4:00 PM

Officer Details

Authorized Officer
INDER JEET
CHIEF MANAGER
Dealing Officer
INDER JEET SEVTA

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹20,000.00
Extension Increment
₹20,000.00
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
IDD
Property ID
BKIDLD310525
Bank of India
Verified seller
Branch: LUDHIANA ASSET RECOVERY-6508
IFSC: BKID

Bank contact

+91 161 2741808+91 88475 55748
Branch Address
SURYA COMPLEX 1st FLOOR The Mall, Near rakh Bagh,Civil lines, Ludhiana
Branch IFSC
BKID0006508
Department
LUDHIANA ASSET RECOVERY-6508