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Commercial Building SARFAESI Auction Symbolic Possession

1,500 sq feet Commercial Building for Auction in Near Dada Motor Jaguar Showroom, G. T. Road, Sahnewal-i, Ludhiana, Ludhiana – SBI

Near Dada Motor Jaguar Showroom, G. T. Road, Sahnewal-i, Ludhiana, Ludhiana, Punjab · Auction ID #114653

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Commercial Building for auction in Near Dada Motor Jaguar Showroom, G. T. Road, Sahnewal-i, Ludhiana, Ludhiana – SBI – photo 1
Reserve Price ₹4,52,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 14 Dec 2026, 11:00 AM In 31 days
EMD Last Date 14 Dec 2026, 03:50 PM In 31 days
Area1,500 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
1,500 sq feet (≈ 1,500 sq ft)
Reserve price / sq ft
₹30,133
Locality
Near Dada Motor Jaguar Showroom, G. T. Road, Sahnewal-i, Ludhiana
State
Punjab
Pincode
141120
Address
Near Dada Motor Jaguar Showroom, G. T. Road, Sahnewal-I, Ludhiana, Punjab, 141120 View on map

Description (as per sale notice)

Commercial Plot (without building) admeasuring 2363.50 Sq yards comprising Khasra No. 104//12, 13, 18, 19, 22, 23, 213, 105//2/1, 3/2, Khata No. 109/112, 110/113, 111/114, 112/115, 113/116, 114/117, 115/118, 116/119 as per Jamabandi for the year 2005-2006 situated at Sahnewal Kalan-I, Tehsil and District Ludhiana registered in the name of Sh. Anil Kumar Malhotra S/o Late Sh. Banwari Lal vide Wasika No. 3970 dated 27.06.2001, Gift deed no. 2720 dated 20.05.2009 and in the name of Smt. Seema Malhotra W/o Sh. Anil Kumar Malhotra vide Wasika No. 10190 dated 11.10.2010.

BAANKNET Property ID: SBIN0426205001
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Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SAMB CHANDIGARH-04262
Auction type
SARFAESI Auction
Borrower
Stan A**** P***** L*****
Auction start
14 Dec 2026, 11:00 AM
Auction end
14 Dec 2026, 04:00 PM
EMD submission deadline
14 Dec 2026, 03:50 PM
Inspection
03 Dec 2026, 11:00 AM – 03 Dec 2026, 02:00 PM
Authorised officer
Simranjit Singh
Officer contact
9662031737
E-auction portal
BAANKNET (Property ID SBIN0426205001)
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Price Check

This listing's reserve price works out to ₹30,133 per sq ft. The average across commercial bank auctions in Ludhiana on our site is ₹8,306 per sq ft, so this one is 263% 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 3 Dec 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID SBIN0426205001)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 14 Dec 2026, 03:50 PM. It is refunded if you don't win.
  5. Bid online on 14 Dec 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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