108 sq yd House for Auction in Amritsar – LIC HFL

Property Details

Property type

House (Residential)

Possession

Not specified

Area

108 sq yd (≈ 972 sq ft)

Reserve price / sq ft

₹3,189

Locality

—

City

Amritsar

State

Punjab

Pincode

143001

Address

FULL DESCRIPTION OF PROPERTY:- House No. 24 (Old) & 2/36 (New), Gali No. 3, Khasra No. 708 Min, Vakya Rakba Tungbala, Suburban Abadi, New Mohkampura, Amritsar, Punjab-143001. (Plot Area 108.88 Sq. Yards). View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

LIC Housing Finance

Branch

Sector 22C

Auction type

SARFAESI Auction

Borrower

Shri R***** K****

Auction start

16 Oct 2026, 12:00 PM

Auction end

16 Oct 2026, 03:00 PM

EMD submission deadline

15 Oct 2026, 03:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2395857

Price Check

This listing's reserve price works out to ₹3,189 per sq ft. The average across residential bank auctions in Amritsar on our site is ₹2,732 per sq ft, so this one is 17% 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 (bankauctions.in (4Closure) · Listing 2395857), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,10,000 before 15 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 16 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.