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IndustrialUpcoming auctionVerified listing

Industrial in Ludhiana

Ludhiana

Reserve price
₹58.43 L
Auction date
17 Mar 2026
11:00 AM
EMD deadline
16 Mar 2026
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
Industrial Plot measuring 2 Kanal-10 ½ Marle out of which 1K-12-3/10M comprised in Khasra No.25//6/2, 15, 26//20, 21, 22/2, 27//1, 28//4/2, 5, 6, 7/1, 14/2, 15, 16/1, 17/1, Khata No.80/96 and 0K-18-1/5M comprised in Khasra No.9//14, 15, 25//24, 20//6/2, 15/1, Khata No.144/180-181-182 Hadbast No.254 as per Jamabandi for the year 2007-08 situated at Village Paddi, Sahnewal Dehlon Road, Sub-Tehsil Dehlon, Tehsil and Distt. Ludhiana vide Wasika No 2042 dt 17.02.2012 in the name of Sh. Ashish Modi S/o Vijay Kumar Modi
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141001
Country: India

Auction timeline

Auction starts
17 Mar 2026 at 11:00 AM
Auction ends
17 Mar 2026 at 4:00 PM
EMD submission deadline
16 Mar 2026 at 5:00 PM

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

Property overview

Type
Industrial
Sub Type
Industrial Plot with Factory Building
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹58.43 L
Property Identifiers
Bank Property ID
PUNBMODISOLV0003
Collateral ID
H8A57938212

Property Images

Borrower & Loan details

Borrower Name
MODI SOLVEX
Registered Address of Borrower
VPO Mandiani, Jagraon Road, Mullanpur, Ludhiana, Punjab Pin Code: 141101
Owner
Ashish Modi S/o Sh. Vijay Kumar Modi
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹28.20 Cr
NPA Date
23 Jul 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
H8A57938212
Customer ID
C00144759
Demand Notice
Notice Date
05 Aug 2025
Notice Amount
₹27.99 Cr
Asset Classification
Classification Date
31 Dec 2025
Classification ID
2
Possession Dates
Symbolic
27 Oct 2025

EMD Schedule

EMD Start
10 Feb 2026
11:01 AM
EMD Deadline
16 Mar 2026
5:00 PM
Payment Deadline
16 Mar 2026

Inspection Schedule

Inspection Start
10 Feb 2026
12:00 PM
Inspection End
16 Mar 2026
5:00 PM

Officer Details

Authorized Officer
NARENDER PAL SINGH
Authorised Officer - Scale - IV - CM
Dealing Officer
NP Singh

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
H8A57938212
Property ID
PUNBMODISOLV0003
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: SAMB CHANDIGARH - 834000
IFSC: PUNB

Bank contact

+91 99063 98735+91 88720 42230
Branch Address
PNB HOUSE, BANK SQUARE
Branch IFSC
PUNB0834000
Department
SAMB CHANDIGARH - 834000