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Residential Plot SARFAESI Auction Symbolic Possession

3,478.61 sq yard Residential Plot for Sale (Bank Auction) in Budhlada, Mansa – IOB

Budhlada, Mansa, Punjab · Auction ID #49572

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Residential Plot photo 1
Indicative Price ₹29,99,900
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area3,478.61 sq yard

Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
3,478.61 sq yard (≈ 31,307 sq ft)
Reserve price / sq ft
₹96
Locality
Budhlada
City
Mansa
State
Punjab
Pincode
151502
Address
Budhlada, Punjab, 151502 View on map

Description (as per sale notice)

Equitable Mortgage of Vacant Plot measuring 3478.61 Sq Yds situated at majha Colony, Near Bust Stand Road & Petrol Pump of Sanjeev Kumar Urf Neetu, Tehsil Budhlada, Distt. Mansa Boundaries as per Site: • Land measuring 1361.11 sq yards Khewat No.2507 1166, Khatoni no. 9029 3074 Khasra no. 33/21:34//25/2: 90//12,13/1 and 90//18,19,23(PART), Rakba Vill- Budhlada, Tehsil Budhlada Distt- Mansa, Punjab vide Sale deed no.117 dated 17.04. 2014. East – Owner’s Property (245’-0”) West – Pacca Road 35’ft Wide (245’-0”) North – Owner Property (50’-0”) South – Owner Property (50’-0”) • Land measuring 1210 sq yards Khewat No.2507 1166, Khatoni no. 9029 3074 Khasra no. 33/21:34//25/2: 90//12,13/1 and 90//18,19,23(PART), Rakba Vill- Budhlada, Tehsil Budhlada Distt- Mansa, Punjab vide Sale deed no.116 dated 17.04.2014. East – Owner’s Property (242’-0”) West – Road 35’ft Wide (242’-0”) North – Owner’s Property (45’-0”) South - Owner’s Property (45’-0”) • Land measuring 907.50 sq yards Khewat No.2507 1166, Khatoni no. 9029 3074 Khasra no. 33/21:34//25/2: 90//12,13/1 and 90//18,19,23(PART), Rakba Vill- Budhlada, Tehsil Budhlada Distt- Mansa, Punjab vide Sale deed no.118 dated 17.04.2014. East – Road (233’-0”) West – Owner’s Property (233’-0”) North – Owner’s Property (35’-6”) South - Owner’s Property (35’-6”) (As per the site and valuation report, the property is not Identifiable & Not Demarcated. The whole property is totally submerged in Sewage water & now became dumping ground for waste disposal of whole town.)

BAANKNET Property ID: IOBASONEERABUDH

Bank & Auction Details

Branch
SPECIALISED ARM BRANCH - CHANDIGARH-2575
Auction type
SARFAESI Auction
Borrower
Nitin B*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹96 per sq ft. The average across residential bank auctions in Mansa on our site is ₹4,930 per sq ft, so this one is 98% 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.

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 IOBASONEERABUDH)), 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.

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

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