1 sq feet Factory for Sale (Bank Auction) in Guruharsahai Bypass Road, Mukhtsar, Muktsar, Sri Muktsar Sahib – SBI

Property Details

Property type

Factory (Industrial)

Possession

Physical Possession

Area

1 sq feet (≈ 1 sq ft)

Reserve price / sq ft

₹83,00,000

Locality

Guruharsahai Bypass Road, Mukhtsar, Muktsar

City

Sri Muktsar Sahib

State

Punjab

Pincode

152026

Address

GURUHARSAHAI BYPASS ROAD, MUKHTSAR, Muktsar, Punjab, 152026 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB LUDHIANA-05271

Auction type

SARFAESI Auction

Borrower

MUGHLANI E*****

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID SBIN0527100468)

Price Check

This listing's reserve price works out to ₹83,00,000 per sq ft. The average across industrial bank auctions in Sri Muktsar Sahib on our site is ₹202 per sq ft, so this one is 4108811% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN0527100468)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on — 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.