631 sq yd Residential Plot for Auction in Ludhiana – KBL

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

631 sq yd (≈ 5,679 sq ft)

Reserve price / sq ft

₹1,281

Locality

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City

Ludhiana

State

Punjab

Address

All that part and parcel of Plot, Bearing No.42, Measuring 631.00 square Yards, comprised in Khasra No.3, Khata No 460/522 as per jamabandi 2007-08, sale deed bearing wasika No.5400 dated 21.07.2016 and wasika No.714 dated:20.04.2010, situated at New Sarabha Nagar Extension, Pakhowal Road, Village Dhandra-2 Basant Avenue, Ludhiana, belonging to Mr. Ravinder Thapar. Boundaries: East: Street 36'wide 68'-0" North: Street 36'wide 83'-7" West :Owner 68'-0" South:Owner 83'-7" View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karnataka Bank

Branch

Ludhiana Branch

Auction type

SARFAESI Auction

Borrower

M/s C R I*****

Auction start

16 Nov 2026, 11:30 AM

Auction end

16 Nov 2026, 12:30 PM

EMD submission deadline

15 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2438985

Price Check

This listing's reserve price works out to ₹1,281 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,312 per sq ft, so this one is 61% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2438985), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,27,200 before 15 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 16 Nov 2026 starting above the reserve price, in multiples of ₹50,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.