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Commercial in Ludhiana

Ludhiana

Reserve price
₹40.50 L
Auction date
11 Mar 2026
10:00 AM
EMD deadline
23 Dec 2025
2:00 PM
Bid increment
₹20,000.00

Location details

Property Address
M.C No. B-XXIV-3532 , Street No. 16, New Madhopuri, Taraf Saidan, Ludhiana, Punjab 141001
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141001
Country: India
Carpet Area: 100 sq ft
Facing: South
Unit of Measure: square yard

Auction timeline

Auction starts
11 Mar 2026 at 10:00 AM
Auction ends
11 Mar 2026 at 5:00 PM
EMD submission deadline
23 Dec 2025 at 2:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Godowns
Area
100 sq ft
(Carpet)
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹49.75 L
Property Identifiers
Bank Property ID
IDIBL01304049586

Property Images

Price history

3 previous auctions
₹60.8L21 Aug₹44.8L₹40.5LNow 33.3% down
₹44,78,000.00
18 Feb 2026
Residential
Indian Bank logoIndian BankPossession: Physical
₹49,75,000.00
24 Dec 2025
Residential
Indian Bank logoIndian BankPossession: Physical
₹60,75,400.00
21 Aug 2024
Residential
Indian Bank logoIndian BankPossession: Physical

Borrower & Loan details

Borrower Name
M/S AARAV ENTERPRISES
Registered Address of Borrower
MC NO. B-XXIV-3532, STREET NO. 16, NEW MADHOPURI, TARAF SAIDAN, LUDHIANA, PUNJAB 141001
Guarantor
RAJAT JAIN
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
30404958698
Borrower CIF
30404958698
Guarantor Address
HOUSE NO 3, STREET NO 1, HAIBOWAL KALAN, BAWA COLONY , LUDHIANA, PUNJAB 141001

Additional details

Other Details
Shop in prime location

EMD Schedule

EMD Start
21 Feb 2026
6:20 PM
EMD Deadline
11 Mar 2026
2:00 PM
Payment Deadline
23 Dec 2025

Inspection Schedule

Inspection Start
28 Feb 2026
10:00 AM
Inspection End
28 Feb 2026
4:00 PM

Officer Details

Authorized Officer
Vikram Singh
Authorised Officer - Scale - IV - CM
Dealing Officer
MANINDER JEET SINGH

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹20,000.00
Extension Increment
₹20,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
IDIBL01304049586
Indian Bank logo
Indian Bank
Verified seller
Branch: MODEL TOWN - 1495
IFSC: IDIB

Bank contact

+91 161 5073400+91 96467 29393
Branch Address
GURU NANAK KHALSA COLLEGE -FOR WOMEN, GUJARKHAN CAMPUS MODEL TOWN
Branch IFSC
IDIB000M149
Department
MODEL TOWN - 1495