CommercialUpcoming auctionVerified listing
Commercial in Raikot
Raikot
Reserve price
₹1.90 Cr
Auction date
13 Mar 2026
12:00 PM
EMD deadline
26 Sept 2025
5:00 PM
Bid increment
₹1,00,000.00
Location details
Property Address
Sidwan Road (Southern By Pass Ludhiana), behind G.N. Engineering College, Near Guru Teg Bahadur Plants Nursery, Abadi Isher Nagar, Village Gill No. 1, Tehsil & Distt. – Ludhiana
City: Raikot
District: Ludhiana
State: Punjab
Pin Code: 141109
Country: India
Auction timeline
Auction starts
13 Mar 2026 at 12:00 PM
Auction ends
13 Mar 2026 at 5:00 PM
EMD submission deadline
26 Sept 2025 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
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.10 Cr
Property Identifiers
Bank Property ID
UBINCHDLAB7519
Property Images
Price history
1 previous auctions₹2,10,00,000.00
26 Sep 2025
Commercial
Union Bank of IndiaPossession: SymbolicBorrower & Loan details
Borrower Name
"M/s Gurbaksh Motors Prop. Sh. Parminder Singh "
Registered Address of Borrower
"Ishar Nagar, Back Side GNE College,
Main Canal Road, Ludhiana,
Punjab – 141006
"
Co-Borrower(s)
"Mrs. Davinder Kaur W/o Sh. Parminder Singh "
Guarantor
"Mr. Harmandeep Singh S/o Sh. Kaur Singh "
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
1000277519
Guarantor Address
"# 24 King Enclave
Aman Park Road, Threeke, Ludhiana,
Punjab – 142028
"
Additional details
Description
A Triple Storied Commercial property (GF – 1654 SFT., FF – 982 SFT. & SF – 169 SFT) built on land measuring 600 Sq. Yds. Bearing M.C. No. B-XXIX-1251/2-C/30R, comprised in Khata Nos. 724/1080, Khasra Nos. 1086/1 as per jamabandhi for the year 1995-96, Bounded as (On site) North: 52” Road 60” wide, South: 34” Neighbour Open Plot, East: 137 Neighbour Open Plot, West: 171 Neighbour Open Plot; situated at Sidwan Road (Southern By Pass Ludhiana), behind G.N. Engineering College, Near Guru Teg Bahadur Plants Nursery, Abadi Isher Nagar, Village Gill No. 1, Tehsil & Distt. – Ludhiana.
EMD Schedule
EMD Start
25 Feb 2026
5:47 PM
EMD Deadline
13 Mar 2026
5:00 PM
Payment Deadline
26 Sept 2025
Officer Details
Authorized Officer
Prabhat Ranjan Singh
Authorised Officer - Scale - IV - CM
Dealing Officer
RAM CHARIT
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
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
UBINCHDLAB7519
Property Images
Union Bank of India
Verified seller
Branch: ARB LUDHIANA-579963
IFSC: UBIN
Bank contact
+91 99999 99999+91 83185 88185
Branch Address
KALRAS BUILDING, FIRST FLOOR, B-XV-295/B & B-XV-295/C,NEAR OSWAL STREET, MILLER GANJ, GT ROADPO - LUDHIANALUDHIANA, LUDHIANA, PUNJABPin Code - 141003Branch IFSC
UBIN0579963Department
ARB LUDHIANA-579963