Commercial Building SARFAESI Auction Physical Possession

1,863 sq ft Commercial Building for Auction in Commercial Property Situated At Abadi Tilak Nagar, Village Khurla, Tehsil & Dist. Jalandhar, Jalandhar – BOI

Commercial Property Situated At Abadi Tilak Nagar, Village Khurla, Tehsil & Dist. Jalandhar, Jalandhar, Punjab · Auction ID #8581

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Reserve Price ₹41,55,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 09 Oct 2026, 11:00 AM In 8 days
EMD Last Date 09 Oct 2026, 05:00 PM In 8 days
Area1,863 sq ft

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
1,863 sq ft (≈ 1,863 sq ft)
Reserve price / sq ft
₹2,230
Locality
Commercial Property Situated At Abadi Tilak Nagar, Village Khurla, Tehsil & Dist. Jalandhar
State
Punjab
Pincode
144001
Address
Commercial property situated at Abadi Tilak Nagar, Village Khurla, Tehsil & Dist. Jalandhar, Punjab, 144001 View on map

Description (as per sale notice)

All parts & parcel of commercial property situated at Abadi Tilak Nagar, Village Khurla, Tehsil & Dist. Jalandhar admeasuring 6 Marla 231 sq ft. in the name of Mr. Sonu Kumar S/o Sh. Harbans Lal

BAANKNET Property ID: BKIDAMR2506202503

Bank & Auction Details

Bank / Lender
Bank of India
Branch
ARB AMRITSAR
Auction type
SARFAESI Auction
Borrower
M/s BR S*****
Auction start
09 Oct 2026, 11:00 AM
Auction end
09 Oct 2026, 05:00 PM
EMD submission deadline
09 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
Mohit Garg
Officer contact
9999930463

Price Check

This listing's reserve price works out to ₹2,230 per sq ft. The average across commercial bank auctions in Jalandhar on our site is ₹2,484 per sq ft, so this one is 10% below 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 BKIDAMR2506202503)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 09 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 9 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.

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

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