117 sq yard Industrial Plot for Auction in Ludhiana – Canara

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

117 sq yard (≈ 1,053 sq ft)

Reserve price / sq ft

₹1,994

Locality

—

City

Ludhiana

State

Punjab

Pincode

141001

Address

Ludhiana, Punjab, 141001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALISED ARM BRANCH, LUDHIANA

Auction type

SARFAESI Auction

Borrower

M/S R**** G**** I****

Auction start

06 Nov 2026, 11:30 AM

Auction end

06 Nov 2026, 12:30 PM

EMD submission deadline

05 Nov 2026, 05:00 PM

Inspection

27 Oct 2026, 03:00 PM – 28 Oct 2026, 05:00 PM

Authorised officer

RIPAN MADAN

Officer contact

9517700632

E-auction portal

BAANKNET (Property ID CNRB124228446)

Price Check

This listing's reserve price works out to ₹1,994 per sq ft. The average across industrial bank auctions in Ludhiana on our site is ₹2,735 per sq ft, so this one is 27% 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 27 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB124228446)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 05 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 6 Nov 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.