Commercial Building for Auction in Ludhiana – IBC Liquidation

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Locality

—

City

Ludhiana

State

Punjab

Address

Preet Vihar, Tehsil Ludhiana West, District Ludhiana, Punjab. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IBC Liquidation (IBBI)

Branch

—

Auction type

IBC Liquidation

Borrower

RAMA K***** K***** P***** L*****

Auction start

07 Dec 2026

Auction end

—

EMD submission deadline

05 Dec 2026

Inspection

—

Authorised officer

Mr. Rajender Kumar Jain (Liquidator)

Officer contact

—

E-auction portal

Baanknet

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
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 (Baanknet), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,30,000 before 05 Dec 2026. It is refunded if you don't win.
5. Bid online on 7 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.