Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Industrial Plot Bank Auction Symbolic Possession

Industrial Plot for Sale (Bank Auction) in Raikot, Ludhiana – Union Bank

Raikot, Ludhiana, Punjab · Auction ID #50192

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Indicative Price ₹14,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —

Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Locality
Raikot
State
Punjab
Pincode
141109
Address
Raikot, Punjab, 141109 View on map

Description (as per sale notice)

2. Equitable Mortgage of Industrial Plot Measuring 4B-0B ie 4000 Sq. Yards, Situated in Village Lahat Baddi Tehsil Raikot and comprised in Khata No. 339/440 ; Khasra No. 3111/1093, 3111/1093 min as per Jamabandi 2015-16 of Village Lohat Baddi, Hadbast No. 2, Tehsil Raikot District Ludhiana in the Name of Mrs. Gurdeep Kaur Bounded By :- North : Road, South : Neighbor, East : Neighbor, West : Neighbor.

BAANKNET Property ID: UBINCHDLAB7572B

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB LUDHIANA-579963
Auction type
Bank Auction
Borrower
M/s J S M*** C***** A****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

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 UBINCHDLAB7572B)), 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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