Commercial Property Auction in Ludhiana | South Indian Bank Auction

Property details

Property Type

Commercial Property

Description

Listing ID: 2401903 Listing Type: Sarfaesi Auction Institution: South Indian Bank Institution Branch: Ludhiana Branch Contact Details: Contact The Authorized Officer : Mr Ashok Kumar Thakur 9037896411 Auction Details: E-Auction Borrower Name: Mrs Harjeet Kaur Property Type: Commercial Property Property Details: Factory land and building admeasuring 630 Sq. Yards Schedule of Property: All that piece and parcel of property/factory land and building bearing M.C. No.B-XXIX-1768/4, admeasuring 630 Sq. Yards, comprised in Khasra No.8366/824/3/4, 8363/824/3/1, Khata No.946/1424/1429 as per Jamabandi for the year 1985-86, situated at Gill No.2, locality known as Street No.8, Mohalla Shimlapuri, Ludhiana in the joint name of Sh. Uttam Singh Sachar s/o Sh. Durlabh Singh and Smt. Harjeet Kaur Sachar w/o Sh. Uttam Singh more particularly described under Sale Deed No. 1136 dated 02.05.1990 and Sale Deed No.6898 dated 20/06/1990 of SRO Ludhiana and bounded on North by Sajjan Bakery, South by Street 18' wide, East by Street 18' wide, West by Bhagat Singh. City/State: Ludhiana Inspection Details: For Inspection Details Contact The Authorized Officer : Mr Ashok Kumar Thakur 9037896411 Possession Status: Symbolic Possession Reserve Price: 15625730 EMD: 1600000 Minimum Increment: 50000 DSC Required: No Accept Reserve Price value as First Bid: No Start Date and Time of Auction: 07-10-2026 11:00 am End Date and Time of Auction: 07-10-2026 11:30 am Time Extensions: If bid is placed in the last 5 minutes of auction, The auction end time will increase by 5 minutes. Application Submission Deadline: 06-10-2026 2:00 pm Download English Sale Notice: Download English Sale Notice Download Bid Form: Download Bid Form Download Terms & Conditions: Download Terms & Conditions Source URL: https://bankauctions.in/auction/factory-land-and-building-at-shimlapuri-ludhiana-5/ State basis: Geographic mapping of source city Download English Sale Notice: https://bankauctions.in/wp-content/uploads/2026/09/1-88.pdf Download Bid Form: https://bankauctions.in/wp-content/uploads/2026/09/Bid-formSouth-Indian-Bank-Bid-Form-1-2-17-102.pdf Download Terms & Conditions: https://bankauctions.in/wp-content/uploads/2026/09/TermsSouth-T-C-for-IMMOVABLE-1-31-102.pdf

Area

630 sqyards

Possession

symbolic

Locality

Ludhiana

Full Address

All that piece and parcel of property/factory land and building bearing M.C. No.B-XXIX-1768/4, admeasuring 630 Sq. Yards, comprised in Khasra No.8366/824/3/4, 8363/824/3/1, Khata No.946/1424/1429 as per Jamabandi for the year 1985-86, situated at Gill No.2, locality known as Street No.8, Mohalla Shimlapuri, Ludhiana in the joint name of Sh. Uttam Singh Sachar s/o Sh. Durlabh Singh and Smt. Harjeet Kaur Sachar w/o Sh. Uttam Singh more particularly described under Sale Deed No. 1136 dated 02.05.1990 and Sale Deed No.6898 dated 20/06/1990 of SRO Ludhiana and bounded on North by Sajjan Bakery, South by Street 18' wide, East by Street 18' wide, West by Bhagat Singh.

Bank & auction terms

Auction ID

AX-1WNBPN6

Bank / Authority

South Indian Bank

Reserve Price

₹ 1,56,25,730

EMD Amount

₹ 16,00,000

Auction Date

07 Oct 2026

Auction Time

11:00

Borrower Name

Mrs Harjeet Kaur

Bank Contact Details

Mr Ashok Kumar Thakur, 9037896411

Auction documents

• Sale noticesale noticeDownload
• Sale notice document 2sale noticeDownload
• Sale notice document 3sale noticeDownload