BanksAuctions.com logo

anksAuctions.com

ResidentialUpcoming auctionVerified listing

Residential in Ludhiana

Ludhiana, Ludhiana

Reserve price
₹1.24 Cr
Auction date
10 Feb 2026
11:00 AM
EMD deadline
19 Dec 2025
4:00 PM
Bid increment
₹50,000.00

Auction timeline

Auction starts
10 Feb 2026 at 11:00 AM
Auction ends
10 Feb 2026 at 5:00 PM
EMD submission deadline
19 Dec 2025 at 4:00 PM

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

Property overview

Type
Residential
Sub Type
Plot
Area
200 sq ft (Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Price per Sq Ft
68,000
Property Price
₹1.24 Cr
Property Identifiers
Bank Property ID
BKIDLUD039
Collateral ID
ZEA63625109

Location details

Property Address
Plot No.45-R,M.C No.B-XVIII-941/45R, Village-Noorbhaini,Model Town,Ludhiana
Locality: Ludhiana
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141002
Country: India
Carpet Area: 200 sq ft
Price per Sq Ft: 68,000
Facing: North
Furnished: Unfurnished
Unit of Measure: square yard

Price history

1 previous auctions
₹1.2Cr19 Dec₹1.2CrNow
₹1,24,00,000.00
19 Dec 2025
Residential
Bank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s.Sumit Fabrics
Registered Address of Borrower
B-II,1932,Surinder Nagar,Main Gandhi Nagar,Narang Karyana Store,Shivpuri,Ludhiana
Owner
Mr.Sumit Chouhan
Ownership of Property
Borrower & Guarantor
NPA Amount
₹2.55 Cr
NPA Date
22 Jul 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
ZEA63625109
Customer ID
205338706
Demand Notice
Notice Date
23 Jul 2025
Notice Amount
₹2.55 Cr
Asset Classification
Classification Date
22 Jul 2025
Classification ID
2
Possession Dates
Symbolic
03 Nov 2025

Additional details

Property USP
.
Other Details
.
Description
Plot No.45-R,M.C No.B-XVIII-941/45R measuring 200 sq.yards,Village-Noorbhaini,Model Town,Ludhiana

EMD Schedule

EMD Start
21 Jan 2026
4:05 PM
EMD Deadline
10 Feb 2026
4:00 PM
Payment Deadline
19 Dec 2025

Inspection Schedule

Inspection Start
22 Jan 2026
11:00 AM
Inspection End
09 Feb 2026
4:00 PM

Officer Details

Authorized Officer
Ajit Dadwal
Authorised Officer - Scale - IV - CM
Dealing Officer
Mr. Vipul Goyal

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
ZEA63625109
Property ID
BKIDLUD039
Bank of India
Verified seller
Branch: LUDHIANA-6500
IFSC: BKID

Bank contact

+91 161 5292814+91 77383 36693
Branch Address
Guru Tegh Bahadur Market, G. T. Road, Near Clock Tower
Branch IFSC
BKID0006500
Department
LUDHIANA-6500