2,420 sq yard Commercial Building for Auction in Seerah, Ludhiana, Ludhiana – SBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

2,420 sq yard (≈ 21,780 sq ft)

Reserve price / sq ft

₹455

Locality

Seerah, Ludhiana

City

Ludhiana

State

Punjab

Pincode

141014

Address

Seerah, Ludhiana, Punjab, 141014 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB CHANDIGARH-04262

Auction type

SARFAESI Auction

Borrower

THAPAR K***** P** L**

Auction start

21 Nov 2026, 11:00 AM

Auction end

21 Nov 2026, 04:00 PM

EMD submission deadline

21 Nov 2026, 03:50 PM

Inspection

18 Nov 2026, 02:00 PM – 18 Nov 2026, 04:00 PM

Authorised officer

Devender Kumar, Manager

Officer contact

9316307706

E-auction portal

BAANKNET (Property ID SBINA40004634099)

Price Check

This listing's reserve price works out to ₹455 per sq ft. The average across commercial bank auctions in Ludhiana on our site is ₹8,306 per sq ft, so this one is 95% 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 18 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBINA40004634099)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 21 Nov 2026, 03:50 PM. It is refunded if you don't win.
5. Bid online on 21 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.