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Commercial in Panipat

Panipat

Reserve price
₹1.39 Cr
Auction date
12 Mar 2026
12:30 PM
EMD deadline
29 Oct 2025
5:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Land & Building situated at Krishan Pura alias Gaddiwara Opp. Umang Public School, comprising in Khasra No. – 205 min within M.C. Limits of Panipat measuring total area 600 Sq. Yards standing in the name of Sh. Rahul Handa s/o Sh. Kapil Handa (vide sale deed No. – 6997 dated 22.12.2004 for 200 Sq. Yards) and Sh. Viney Kumar Handa s/o Sh. Ram Partap Handa (vide sale deed No. – 1803 and 1804 dated 30.05.1990 for 200 Sq. Yards each).
City: Panipat
District: Panipat
State: Haryana
Pin Code: 132103
Country: India

Auction timeline

Auction starts
12 Mar 2026 at 12:30 PM
Auction ends
12 Mar 2026 at 1:30 PM
EMD submission deadline
29 Oct 2025 at 5:00 PM

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

Property overview

Type
Commercial
Sub Type
Godowns
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.46 Cr
Property Identifiers
Bank Property ID
CNRB69301620A
Collateral ID
69301620

Property Images

Price history

7 previous auctions
₹1.5Cr25 Jul₹1.5Cr₹1.4Cr₹1.4Cr₹1.4CrNow 10.0% down
₹1,38,60,000.00
20 Feb 2026
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹1,43,00,000.00
28 Jan 2026
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹1,43,00,000.00
31 Dec 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/S RAHUL TEXTILES AND M/S SHIVA WOOLLEN INDUSTRIES
Registered Address of Borrower
ADDRESS 1 :HOUSE NO. 570 SECTOR 12 HUDA PANIPAT ADDRESS 2 : HOUSE NO. 1733, IST FLOOR, D-1 BLOCK, ANSAL SUSHANT CITY PANIPAT
Owner
RAHUL HANDA
Ownership of Property
Borrower
NPA Amount
₹9.13 Cr
NPA Date
31 Dec 2018
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
69301620
Customer ID
69301620
Possession Dates
Symbolic
26 Apr 2019

Additional details

Description
Land & Building situated at Krishan Pura alias Gaddiwara Opp. Umang Public School, comprising in Khasra No. – 205 min within M.C. Limits of Panipat measuring total area 600 Sq. Yards standing in the name of Sh. Rahul Handa s/o Sh. Kapil Handa (vide sale deed No. – 6997 dated 22.12.2004 for 200 Sq. Yards) and Sh. Viney Kumar Handa s/o Sh. Ram Partap Handa (vide sale deed No. – 1803 and 1804 dated 30.05.1990 for 200 Sq. Yards each).

EMD Schedule

EMD Start
02 Mar 2026
12:09 PM
EMD Deadline
11 Mar 2026
5:00 PM
Payment Deadline
29 Oct 2025

Officer Details

Authorized Officer
Sarwan Kumar
Manager

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
69301620
Property ID
CNRB69301620A
Canara Bank logo
Canara Bank
Verified seller
Branch: KARNAL SPECIALISED ARM BRANCH
IFSC: CNRB

Bank contact

+91 99999 99999+91 85728 16290
Branch Address
Kunjpura Road,
Branch IFSC
CNRB0006290
Department
KARNAL SPECIALISED ARM BRANCH