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House SARFAESI Auction Symbolic Possession

531.36 sq yard House for Auction in Ludhiana – Canara

Ludhiana, Punjab · Auction ID #5366

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House for auction in Ludhiana – Canara – photo 1
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Reserve Price ₹5,18,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 08 Oct 2026, 11:30 AM
EMD Last Date 07 Oct 2026, 05:00 PM
Area531.36 sq yard
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
531.36 sq yard (≈ 4,782 sq ft)
Reserve price / sq ft
₹10,832
Locality
—
State
Punjab
Pincode
141008
Address
Ludhiana, Punjab, 141008 View on map

Description (as per sale notice)

Plot no. 47 measuring 17-2/3 Marla (531.56 sq.yard) being 106/888 part of land measuring 7 Kanal 8 Marla, Hadbast no. 146, Khata number 137/153 Khasra No. 66//11/2(7-8) at Rajgadh Estate Phase – 1, Village Birmi, Sub Tehsil Mulapur Dakha, Tehsil and District Ludhiana. Bounded as under: East: Road 55ft. West: Plot No. 50 52ft. North: Plot No. 46 92ft. South: Plot No. 48 92ft. As per registered deed no. 2021-22/104/1/1011 dated 01-10-2021 CERSAI ID 400073622168 DATED 15-09-2023 (Residential House- under Symbolic Possession)

BAANKNET Property ID: CNRB321651369LOT5
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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 CNRB321651369LOT5)
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Price Check

This listing's reserve price works out to ₹10,832 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,283 per sq ft, so this one is 230% 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 CNRB321651369LOT5)), 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.

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

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