128.43 sq yard Commercial Building for Auction in Ludhiana – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

128.43 sq yard (≈ 1,155 sq ft)

Reserve price / sq ft

₹30,280

Locality

—

City

Ludhiana

State

Punjab

Pincode

141008

Address

Ludhiana, Punjab, 141008 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

CHANDIGARH SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

M/s B L Y*** T***** L**

Auction start

08 Oct 2026, 11:30 AM

Auction end

08 Oct 2026, 12:30 PM

EMD submission deadline

07 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

MOHAN KRISHAN

Officer contact

9855109338

E-auction portal

BAANKNET (Property ID CNRB321651369LOT4)

Price Check

This listing's reserve price works out to ₹30,280 per sq ft. The average across commercial bank auctions in Ludhiana on our site is ₹8,378 per sq ft, so this one is 261% 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 CNRB321651369LOT4)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 07 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 8 Oct 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.