143 sq m Commercial Land for Auction in Ferozepur – Kotak

Property Details

Property type

Commercial Land (Commercial)

Possession

Physical Possession

Area

143 sq m (≈ 1,539 sq ft)

Reserve price / sq ft

₹6,497

Locality

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City

Ferozepur

State

Punjab

Pincode

141001

Address

All that part and parcel of the property bearing No. 11, 12 and 12A on the Upper Ground floor having super built area of 143.00 Sq. meters (171.03 sq. yards/ 1,539.25 sq. feet) more or less in the multistoried building known as Omaxe Plaza, constructed on commercial plot admeasuring an area of 5,852.05 sq. yards (4,893 sq. meters) situated at Firozpur Road, Opp. mini Secretariat Tehsil and District Ludhiana (Punjab)- 141001 Boundaries as per site: North: Others, East: OTS, South: Ferozepur Road, West: Passage Land Area:- 143.00 sq. meters Type of Possession:- Physical View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Kotak Mahindra Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

M/s E***** P****

Auction start

17 Nov 2026, 01:00 PM

Auction end

17 Nov 2026, 02:00 PM

EMD submission deadline

17 Nov 2026

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

eAuctions (Linkstar) · Auction ID 10539

Price Check

This listing's reserve price works out to ₹6,497 per sq ft. The average across commercial bank auctions in Ferozepur on our site is ₹5,242 per sq ft, so this one is 24% 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 (eAuctions (Linkstar) · Auction ID 10539), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026. It is refunded if you don't win.
5. Bid online on 17 Nov 2026 starting above the reserve price.
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.