509 sq yard House for Auction in Shakti Nagar, Ludhiana, Ludhiana – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

509 sq yard (≈ 4,581 sq ft)

Reserve price / sq ft

₹6,744

Locality

Shakti Nagar, Ludhiana

City

Ludhiana

State

Punjab

Pincode

141001

Address

SHAKTI NAGAR, LUDHIANA, Punjab, 141001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

SAMB CHANDIGARH - 834000

Auction type

SARFAESI Auction

Borrower

ARORA K*** F** P** L**

Auction start

12 Nov 2026, 11:00 AM

Auction end

12 Nov 2026, 04:00 PM

EMD submission deadline

12 Nov 2026, 10:30 AM

Inspection

31 Oct 2026, 10:00 AM – 11 Nov 2026, 05:00 PM

Authorised officer

ANU BALA

Officer contact

9872635041

E-auction portal

BAANKNET (Property ID PUNB0G4A23741792)

Price Check

This listing's reserve price works out to ₹6,744 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,312 per sq ft, so this one is 104% 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 31 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB0G4A23741792)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 10:30 AM. It is refunded if you don't win.
5. Bid online on 12 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.