Commercial Building SARFAESI Auction Physical Possession

28.11 sq yard Commercial Building for Auction in Kotkapura, Faridkot – Canara

Kotkapura, Faridkot, Punjab · Auction ID #8608

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Reserve Price ₹6,78,500
EMD (Earnest Money)—
Bid Increment—
Auction Date 17 Oct 2026, 11:30 AM In 15 days
EMD Last Date 16 Oct 2026, 05:00 PM In 14 days
Area28.11 sq yard

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
28.11 sq yard (≈ 252 sq ft)
Reserve price / sq ft
₹2,682
Locality
Kotkapura
State
Punjab
Pincode
151204
Address
Kotkapura, Punjab, 151204 View on map

Description (as per sale notice)

2. Commercial property shop measuring 28.11 Sq Yds i.e 28/2018 share of 3K-06M,Khasra No. 1284/2/2/2/1/3-6, Khewat No.10,Khatauni no.10,Agward Metala situated at Near Old HDFC Bank, In front of railway lines,Faridkot-Kotkapura Road, Kotkapura in the name of Mr.Gurvinder Singh S/o Mr.Surjit Singh R/o Village Jalaleana, Tehsil-Kotkapura, Distt Faridkot-151203 East- Kashmir Singh 23’ West – Raj Kumar 23’ North:- Mukhtiar Singh 11’ South :- Passage 11’ Covered by registered sale-deed No. 2353 of dated 28-10-2013,Book No.1,Page No.14-18,jilad no.2299, registered with Sub-registrar, Kotkapura.

BAANKNET Property ID: CNRB1250013290800

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
KOTKAPURA-2104
Auction type
SARFAESI Auction
Borrower
GURVINDER S****
Auction start
17 Oct 2026, 11:30 AM
Auction end
17 Oct 2026, 12:30 PM
EMD submission deadline
16 Oct 2026, 05:00 PM
Inspection
12 Oct 2026, 03:00 PM – 13 Oct 2026, 05:00 PM
Authorised officer
SH EQUBAL ANWAR
Officer contact
8699233320

Price Check

This listing's reserve price works out to ₹2,682 per sq ft. The average across commercial bank auctions in Faridkot on our site is ₹4,063 per sq ft, so this one is 34% 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 12 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB1250013290800)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 16 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 17 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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