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Commercial in Ludhiana

Ludhiana

Reserve price
₹7.91 L
Auction date
06 Feb 2026
11:00 AM
EMD deadline
26 Nov 2025
4:00 PM
Bid increment
₹20,000.00

Auction timeline

Auction starts
06 Feb 2026 at 11:00 AM
Auction ends
06 Feb 2026 at 4:00 PM
EMD submission deadline
26 Nov 2025 at 4:00 PM

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

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹8.78 L
Property Identifiers
Bank Property ID
PUNB454000103501
Collateral ID
ABA37997378

Location details

Property Address
Commercial shop measuring 13.71 SQYD, bearing MC no. B-21-10227/2, being 1.5/6/1560th share of the total land measuring 03B-18B-0B Pukhta, comprised in khata khatoni No old 240/263, 242/260 new- 242/260 comprised in khasra No.428(3-18-0) as per jamabandi for the year 2010-11 situated within the revenue record of Gill -2, H B No. 263, locality known as Janta Nagar, Near Bhagwan Chowk, Ludhiana vide registered sale deed bearing wasika number 9530 Dt.02.02.2017 in the name of Mr. Jaspreet Singh S/o Sh. Saroop Singh
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141003
Country: India

Price history

2 previous auctions
₹8.8L26 Nov₹7.9LNow 9.9% down
₹8,78,000.00
12 Jan 2026
Commercial
Punjab National BankPossession: Physical
₹8,78,000.00
26 Nov 2025
Commercial
Punjab National BankPossession: Physical

Borrower & Loan details

Borrower Name
M/s Bittu Welding Works
Registered Address of Borrower
B-21-10227/2, Janta Nagar, Near Bhagwan Chowk, Ludhiana, Punjab 141003
Owner
Mr Jaspreet Singh S/o Sh. Saroop Singh
Ownership of Property
Borrower
Co-Borrower(s)
Mr Jaspreet Singh S/o Sh. Saroop Singh
NPA Amount
₹12.05 L
NPA Date
31 Aug 2021
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
ABA37997378
Customer ID
O61398150
Demand Notice
Notice Date
08 Sept 2021
Notice Amount
₹12.05 L
Possession Dates
Physical
04 Sept 2023

Additional details

Description
Commercial shop measuring 13.71 SQYD, bearing MC no. B-21-10227/2, being 1.5/6/1560th share of the total land measuring 03B-18B-0B Pukhta, comprised in khata khatoni No old 240/263, 242/260 new- 242/260 comprised in khasra No.428(3-18-0) as per jamabandi for the year 2010-11 situated within the revenue record of Gill -2, H B No. 263, locality known as Janta Nagar, Near Bhagwan Chowk, Ludhiana vide registered sale deed bearing wasika number 9530 Dt.02.02.2017 in the name of Mr. Jaspreet Singh S/o Sh. Saroop Singh

EMD Schedule

EMD Start
29 Jan 2026
6:55 PM
EMD Deadline
06 Feb 2026
4:00 PM
Payment Deadline
26 Nov 2025

Inspection Schedule

Inspection Start
30 Jan 2026
10:00 AM
Inspection End
05 Feb 2026
5:00 PM

Officer Details

Authorized Officer
Diwan Singh
Authorised Officer - Scale - IV - CM
Dealing Officer
RAVI BASRAN , SR. MANAGER

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
Collateral ID
ABA37997378
Property ID
PUNB454000103501
Punjab National Bank
Verified seller
Branch: BRANCH - CIRCLE OFFICE LUDHIANA
IFSC: PUNB

Bank contact

+91 98689 76276+91 99997 40769
Branch Address
1st Floor, Plot No. 5, Ferozepur Road
Branch IFSC
PUNB0906300
Department
BRANCH - CIRCLE OFFICE LUDHIANA