8,160 sq feet Commercial Building for Auction in Jammu – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

8,160 sq feet (≈ 8,160 sq ft)

Reserve price / sq ft

₹592

Locality

—

City

Jammu

State

Jammu and Kashmir

Pincode

181133

Address

Jammu, Jammu & Kashmir, 181133 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALISED ARM BRANCH, LUDHIANA

Auction type

SARFAESI Auction

Borrower

M/s P***** c***** I*****

Auction start

30 Nov 2026, 11:30 AM

Auction end

30 Nov 2026, 12:30 PM

EMD submission deadline

27 Nov 2026, 05:00 PM

Inspection

19 Nov 2026, 03:00 PM – 20 Nov 2026, 05:00 PM

Authorised officer

Ripan Madan

Officer contact

9501082945

E-auction portal

BAANKNET (Property ID CNRB6819110)

Price Check

This listing's reserve price works out to ₹592 per sq ft. The average across commercial bank auctions in Jammu on our site is ₹5,120 per sq ft, so this one is 88% 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.

Previous Auctions of This Property

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 19 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB6819110)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.