211 sq yd Residential Plot for Auction in Ludhiana – KBL

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

211 sq yd (≈ 1,899 sq ft)

Reserve price / sq ft

₹19,787

Locality

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City

Ludhiana

State

Punjab

Pincode

141002

Address

All that Part and Parcel of Residential Plot bearing MC No. B-XVIII-93 (Portion), situated on Plot No.597-R (Portion), measuring 203.625 sq. yards (as per documents), 211.25 sq. Yards (as per actuals), Near Aditya Jaitley Chowk, Model Town, Ludhiana, Punjab -141002, belonging to Mr. Harmeet Singh.Boundaries:East Road (59-312"Road curve 13'-7")North: Plot No 602-L (52-7")West Seller (Portion of 597-R) (70'-6")South Road (44"-10") 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 M*** E*****

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

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Authorised officer

—

Officer contact

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E-auction portal

4Closure · Listing 2441967

Price Check

This listing's reserve price works out to ₹19,787 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,312 per sq ft, so this one is 497% 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 (4Closure · Listing 2441967), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹37,57,500 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 ₹1,00,000.
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.