Auction Closed · Scheduled Auction Date Passed (25 Sept 2026)
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Industrial Auction in Ludhiana | State Bank of India Auction
Factory Land & Building, Jaspal Nagar, Kakowal, Ludhiana (M/S Mahajan Fabrics) · Reserve price ₹ 4,70,00,000 · Auction on 25 Sept 2026
₹ 4,70,00,000
Reserve price
Reserve price
₹ 4,70,00,000
EMD
₹ 47,00,000
Auction date
25 Sept 2026
Status
Ended
Bank
State Bank of India
Possession
physical
Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.
Property details
- Property Type
- Industrial
- Description
- Property ID SBIN200040037998. Amount outstanding Rs 7,76,68,341 as on 25.06.2024 plus further interest and other charges less credits, if any. Bid increase Rs 1,00,000. Two sub-parcels combined under one CERSAI ID: (a) 2560 Sq Yds factory land & building per jamabandi 2005-06, sale deed vasika no. 11168 dated 24.08.2011, and (b) 100 Sq. Yards additional plot in same Khata. Property inspection 18.09.2026, 11AM-3PM.
- Area
- 2660 sqyards
- Possession
- physical
- Locality
- Ludhiana
- Full Address
- Khasra No. 14//7/1/2, 18//3/2/2, 18/6, Khata No. 409/427, 410/428, 419/437, Village Kakowal, Hadbast No. 80, Locality Jaspal Nagar, Tehsil & District Ludhiana
Bank & auction terms
- Auction ID
- AX-0SUB299
- Bank / Authority
- State Bank of India
- Reserve Price
- ₹ 4,70,00,000
- EMD Amount
- ₹ 47,00,000
- Auction Date
- 25 Sept 2026
- Auction Time
- 11:00
- Borrower Name
- M/S Mahajan Fabrics; Guarantors: Nikhil Mahajan S/o Bharat Bhushan, Chirag Mahajan S/o Rajesh Mahajan, Anju Bala W/o Rajesh Mahajan, Anju Bala W/o Bharat Bhushan
- Bank Contact Details
- Sushil Shrivastva / Amritpal Singh, 8219239766 / 9779733480
Auction documents
- Sale noticesale notice
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