CommercialUpcoming auctionVerified listing
Commercial in Commercial property at Elite's Arcade on Mall Road, Mauja taraf Gehlewal, tehsil and distt Ludhiana
Commercial property at Elite's Arcade on Mall Road, Mauja taraf Gehlewal, tehsil and distt Ludhiana, Ludhiana
Reserve price
₹3.83 Cr
Auction date
05 Mar 2026
2:00 PM
EMD deadline
03 Feb 2026
5:00 PM
Bid increment
₹50,000.00
Location details
Property Address
Equitable Mortgage of Commercial property having shop no 504-505-506 bearing MC No. B-XIX-112/6,(Old no.) MC no. B-XIX-112/3/2 (New No.) having total area measuring 6000 sqft –super area, 4500 sqft carpet area situated at third floor of Elite's Arcade on Mall Road, Mauja taraf Gehlewal, tehsil and distt Ludhiana vide registered sale deed bearing wasika no -2023/2024/106/1/8125 dt 06/07/2023 in name of Prashant Jerath which is bounded as under:-
South:- commercial complex North:- Connect Broadband office East:- Mall Road West:- House of neighbour Up:- Vacant Shops Down:- Locked Shops
Locality: Commercial property at Elite's Arcade on Mall Road, Mauja taraf Gehlewal, tehsil and distt Ludhiana
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141001
Country: India
Nearest Airport / Railway Station / Bus Stand
LUDHIANA
Auction timeline
Auction starts
05 Mar 2026 at 2:00 PM
Auction ends
05 Mar 2026 at 6:00 PM
EMD submission deadline
03 Feb 2026 at 5:00 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
₹4.25 Cr
Property Identifiers
Bank Property ID
BARB961430600001864
Property Images
Price history
1 previous auctions₹4,25,25,000.00
4 Feb 2026
Commercial
Bank of BarodaPossession: PhysicalBorrower & Loan details
Borrower Name
JERATH PATH LABS
Registered Address of Borrower
THIRD FLOOR ELITE ARCADE MALL , MALL ROAD,LUDHIANA
Owner
PRASHANT JERATH
Ownership of Property
Borrower
Co-Borrower(s)
PRASHANT JERATH
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
96C073808
Possession Dates
Physical
31 Oct 2025
Additional details
Description
Equitable Mortgage of Commercial property having shop no 504-505-506 bearing MC No. B-XIX-112/6,(Old no.) MC no. B-XIX-112/3/2 (New No.) having total area measuring 6000 sqft –super area, 4500 sqft carpet area situated at third floor of Elite's Arcade on Mall Road, Mauja taraf Gehlewal, tehsil and distt Ludhiana vide registered sale deed bearing wasika no -2023/2024/106/1/8125 dt 06/07/2023 in name of Prashant Jerath which is bounded as under:-
South:- commercial complex North:- Connect Broadband office East:- Mall Road West:- House of neighbour Up:- Vacant Shops Down:- Locked Shops
EMD Schedule
EMD Start
12 Feb 2026
12:42 PM
EMD Deadline
04 Mar 2026
5:00 PM
Payment Deadline
03 Feb 2026
Inspection Schedule
Inspection Start
25 Feb 2026
10:00 AM
Inspection End
25 Feb 2026
4:00 PM
Officer Details
Authorized Officer
AJAY VITHALRAO NANDURKAR
Authorised Officer - Scale - IV - CM
Dealing Officer
AJAY V NANDURKAR
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
BARB961430600001864
Nearby Amenities
Nearest Station
LUDHIANA
Property Images
Bank of Baroda
Verified seller
Branch: REGIONAL SARB, LUDHIANA - 6131
IFSC: BARB
Bank contact
+91 999 999999+91 91155 21745
Branch Address
SANDHU TOWER 23RD FLOOR, LUDHIANA, PUNJAB-141Branch IFSC
BARB0SARLUDDepartment
REGIONAL SARB, LUDHIANA - 6131