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Factory SARFAESI Auction Symbolic Possession

Factory for Auction in Focal Point, Ludhiana – Union Bank

Focal Point, Ludhiana, Punjab · Auction ID #5405

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Factory photo 1 Factory photo 2 Factory photo 3
Reserve Price ₹10,00,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 12:00 PM
EMD Last Date 29 Sep 2026, 05:00 PM

Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
Focal Point
State
Punjab
Pincode
141001
Address
FOCAL POINT, Ludhiana, Punjab, 141001 View on map

Description (as per sale notice)

1. All that part and parcel of Factory Land and Building admeasuring 7183.38 Sq Yards comprised of: (a) Land measuring 6000 Sq. Yards comprised in Khasra no. 17//19, 21, 22, 18//25, 25//5/1, 27, 26//1/2, 2, Khewat & Khautani No. 108/120, as shown in the jamabandi for the year 2007-2008, Situated within the revenue estate of Village Mangli Nichi, HB No. 239, Sub Tehsil Sahnewal, Tehsil & Distt. Ludhiana in the name of Prince Bansal S/o Rakesh Chander Bansal vide Sale Deed bearing Wasika no. 4394 dated 28.01.2013 and (b) Industrial Plot No. E-754, Phase VIII measuring 1183.38 Sq. Yads situated at Focal Point, Dhandari Kalan, Ludhiana allotted to M/s Prince International (Through Prop. Mr. Prince Bansal S/o Mr. Rakesh Chander) on 99 years lease by Punjab Small Industries & Export Corporation Limited vide Lease Deed bearing Wasika No. 16662 dated 06.11.2008. and bounded by East – Ajmer Singh, Rajinder Singh Adm. 177’-3”, West - Plot No. E-753 & Sadak 45’ Wide Adm 82’-8”, North – M/s J.J. Products 181’-2” + Curve Inside 205’-0” Plot No. E-754 Purchaser, South – Ajmer Singh & Rajinder Singh Sellers Adm. 334’-2”

BAANKNET Property ID: UBINCHDLAB1733

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB LUDHIANA-579963
Auction type
SARFAESI Auction
Borrower
M/s P***** I***** (***** P**** P**** Mr. P***** B*****
Auction start
29 Sep 2026, 12:00 PM
Auction end
29 Sep 2026, 05:00 PM
EMD submission deadline
29 Sep 2026, 05:00 PM
Inspection
—
Authorised officer
Pawan Kumar
Officer contact
7060561458

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 UBINCHDLAB1733)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Sep 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 29 Sep 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.

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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