271.91 sq yd Land & Building for Auction in Ludhiana – KBL

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

271.91 sq yd (≈ 2,447 sq ft)

Reserve price / sq ft

₹3,596

Locality

—

City

Ludhiana

State

Punjab

Address

All that part and parcel of Freehold Industrial land and building, bearing MC No.B 30-3342/26, built on plot No.6-min, land measuring 271.91 square yards comprised in Khata No.1184/1239, Khasra Nos 18/23 as per Jamabandi 1998/99, situated at Moti Nagar, Sherpur Kalan, Ludhiana, Belonging to Mrs. Pinky SethiBoundaries: East: Plot No.6 (89-0) West: Plot No.5 (89-0) North: Street (27-6) South: Road (27-6) 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 PS I****

Auction start

16 Nov 2026

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

AuctionTiger · Auction ID 468633

Price Check

This listing's reserve price works out to ₹3,596 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,312 per sq ft, so this one is 9% above 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 (AuctionTiger · Auction ID 468633), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹8,80,000 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 ₹10,000.
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.