This auction date has passed. Unsold properties are often re-auctioned at a lower price — see live auctions in Jammu or get alerts.

Commercial Building SARFAESI Auction Symbolic Possession

8,160 sq feet Commercial Building for Auction in Jammu – Canara

Jammu, Jammu and Kashmir · Auction ID #94598

Commercial Building for auction in Jammu – Canara – photo 1

Reserve Price ₹53,00,000

EMD (Earnest Money)—

Bid Increment—

Auction Date 29 Oct 2026, 11:30 AM

EMD Last Date 28 Oct 2026, 05:00 PM

Area8,160 sq feet

Property Details

Property type: Commercial Building (Commercial)
Possession: Symbolic Possession
Area: 8,160 sq feet (≈ 8,160 sq ft)
Reserve price / sq ft: ₹650
Locality: —
City: Jammu
State: Jammu and Kashmir
Pincode: 181133
Address: Jammu, Jammu & Kashmir, 181133 View on map

Description (as per sale notice)

SMT of Lease hold rights of Plot of Land measuring 1.5 Kanal along with construction thereon situated at SIDCO Industrial Growth Centre, Samba in the name of M/s Parkash Cotton Industries through its Proprietor Sh. Ajay Jagotra S/o Sh. Baldev Raj

BAANKNET Property ID: CNRB6819110

Bank & Auction Details

Bank / Lender: Canara Bank
Branch: SPECIALISED ARM BRANCH, LUDHIANA
Auction type: SARFAESI Auction
Borrower: M/s P***** c***** I*****
Auction start: 29 Oct 2026, 11:30 AM
Auction end: 29 Oct 2026, 12:30 PM
EMD submission deadline: 28 Oct 2026, 05:00 PM
Inspection: 15 Oct 2026, 03:00 PM – 16 Oct 2026, 05:00 PM
Authorised officer: RIPAN MADAN
Officer contact: 9517700632
E-auction portal: BAANKNET (Property ID CNRB6819110)

Price Check

This listing's reserve price works out to ₹650 per sq ft. The average across commercial bank auctions in Jammu on our site is ₹5,120 per sq ft, so this one is 87% 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

Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
Inspect the property on 15 Oct 2026 and check the title, society/municipal dues and occupancy.
Register on the e-auction portal (BAANKNET (Property ID CNRB6819110)), complete KYC and get a digital signature certificate if required.
Pay the EMD of — before 28 Oct 2026, 05:00 PM. It is refunded if you don't win.
Bid online on 29 Oct 2026 starting above the reserve price.
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.

Similar Auctions in Jammu

View all

Representative image

Commercial Building