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Industrial Plot SARFAESI Auction Symbolic Possession

400 sq yard Industrial Plot for Auction in Ludhiana, Ludhiana – PNB

Ludhiana, Ludhiana, Punjab · Auction ID #118796

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Industrial Plot for auction in Ludhiana, Ludhiana – PNB – photo 1
Industrial Plot for auction in Ludhiana, Ludhiana – PNB – photo 2
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Industrial Plot for auction in Ludhiana, Ludhiana – PNB – photo 5
Industrial Plot for auction in Ludhiana, Ludhiana – PNB – photo 6
Industrial Plot for auction in Ludhiana, Ludhiana – PNB – photo 7
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Reserve Price ₹2,44,10,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 11:00 AM In 12 days
EMD Last Date 26 Nov 2026, 04:00 PM In 12 days
Area400 sq yard
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
400 sq yard (≈ 3,600 sq ft)
Reserve price / sq ft
₹6,781
Locality
Ludhiana
State
Punjab
Pincode
141007
Address
LUDHIANA, Punjab, 141007 View on map

Description (as per sale notice)

EM of IP bearing MC No. B-XXIV-2753/6, measuring 400.00 sqyds situated near King Place, Sunder Nagar, Ludhiana out of which 100.00 sqyds in the name of Sh. Madan Lal Ahuja S/o Late Sh. Bhagat Ram as per Sale deed bearing wasika No. 13072 dt 21.09.2011, 100.00 sqyds in the name of Sh. Sourabh Ahuja S/o Sh. Madan Lal as per sale deed wasika No. 2024-25/106/1/10583 dated 17.09.2024, 100.00 sqyds in the name of Sh. Sourabh Ahuja S/o Sh. Madan Lal as per sale deed bearing wasika No. 33688 dt 17.01.1995 and remaining 100.00 sqyds in the name of Sh. Mohit Ahuja S/o Sh. Madan Lal vide wasika no. 2024-25/106/1/10582.

BAANKNET Property ID: PUNBCRA81827647
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Bank & Auction Details

Branch
ARMB LUDHIANA 454000
Auction type
SARFAESI Auction
Borrower
M.V A**** H*****
Auction start
26 Nov 2026, 11:00 AM
Auction end
26 Nov 2026, 04:00 PM
EMD submission deadline
26 Nov 2026, 04:00 PM
Inspection
12 Nov 2026, 10:00 AM – 25 Nov 2026, 05:00 PM
Authorised officer
RAHUL VERMA
Officer contact
9000530309
E-auction portal
BAANKNET (Property ID PUNBCRA81827647)
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Price Check

This listing's reserve price works out to ₹6,781 per sq ft. The average across industrial bank auctions in Ludhiana on our site is ₹2,735 per sq ft, so this one is 148% 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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNBCRA81827647)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 26 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.

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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 Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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