243.33 sq yard House for Sale (Bank Auction) in Pratap Singh Wala, Abadi Known As New Kichlu Nagar, Ludhiana, Ludhiana – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

243.33 sq yard (≈ 2,189 sq ft)

Reserve price / sq ft

₹5,977

Locality

Pratap Singh Wala, Abadi Known As New Kichlu Nagar, Ludhiana

City

Ludhiana

State

Punjab

Pincode

141008

Address

Pratap Singh Wala, Abadi known as New Kichlu Nagar, Ludhiana, Punjab, 141008 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

SAMB CHANDIGARH - 834000

Auction type

SARFAESI Auction

Borrower

M/s R*** K***** K***** P***** L*****

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID PUNB1QA23770603)

Price Check

This listing's reserve price works out to ₹5,977 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,144 per sq ft, so this one is 90% 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 PUNB1QA23770603)), 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.