72 sq yard House for Auction in Guru Nanak Nagar , Shahpur Road, Ludhiana, Ludhiana – PSB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

72 sq yard (≈ 648 sq ft)

Reserve price / sq ft

₹5,838

Locality

Guru Nanak Nagar , Shahpur Road, Ludhiana

City

Ludhiana

State

Punjab

Pincode

141008

Address

GURU NANAK NAGAR , SHAHPUR ROAD, LUDHIANA, Punjab, 141008 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab & Sind Bank

Branch

DHOLEWAL-L0683

Auction type

SARFAESI Auction

Borrower

M/S P*** E***** P*** R**** P***

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 02:00 PM

EMD submission deadline

19 Nov 2026, 04:00 PM

Inspection

18 Nov 2026, 01:00 PM – 18 Nov 2026, 04:00 PM

Authorised officer

Gurdeep Sharma

Officer contact

8146433443

E-auction portal

BAANKNET (Property ID PSIB05391600000144)

Price Check

This listing's reserve price works out to ₹5,838 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,318 per sq ft, so this one is 76% 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 18 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PSIB05391600000144)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 20 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.