82 sq yd House for Auction in Ludhiana – LIC HFL

Property Details

Property type

House (Residential)

Possession

Not specified

Area

82 sq yd (≈ 738 sq ft)

Reserve price / sq ft

₹3,862

Locality

—

City

Ludhiana

State

Punjab

Address

FULL DESCRIPTION OF PROPERTY:- H. No. 171, Street No. 5, Dev Nagar, Lalton Kalan, Pakhowal Road, Ludhiana, Punjab (Plot Area 82 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

Mr S**** R**

Auction start

28 Oct 2026, 12:00 PM

Auction end

28 Oct 2026, 03:00 PM

EMD submission deadline

27 Oct 2026, 03:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2415496

Price Check

This listing's reserve price works out to ₹3,862 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,171 per sq ft, so this one is 22% 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 2415496), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,85,000 before 27 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 28 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.