BanksAuctions.com logo
anksAuctions.com
IndustrialUpcoming auctionVerified listing

Industrial in Village Akbarpur

Village Akbarpur, Morinda

Reserve price
₹9.51 Cr
Auction date
11 Mar 2026
11:00 AM
EMD deadline
29 Sept 2025
11:00 AM
Bid increment
₹1,00,000.00

Location details

Property Address
Village Akbarpur, Tehsil Morinda, District Rupnagar
Locality: Village Akbarpur
City: Morinda
District: Rupnagar
State: Punjab
Pin Code: 140101
Country: India
Nearest Airport / Railway Station / Bus Stand
Rupnagar

Auction timeline

Auction starts
11 Mar 2026 at 11:00 AM
Auction ends
11 Mar 2026 at 4:00 PM
EMD submission deadline
29 Sept 2025 at 11:00 AM

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

Property overview

Type
Industrial
Sub Type
Industrial Shed
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹7.50 Cr
Property Identifiers
Bank Property ID
SBINDUTCHPL
CERSAI ID
200008017719
Collateral ID
78073698975

Property Images

Price history

6 previous auctions
₹4.5Cr25 Sep₹9.2Cr₹7.5Cr₹9.5CrNow 109.0% up
₹9,51,00,000.00
28 Jan 2026
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical
₹7,50,00,000.00
30 Sep 2025
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical
₹7,50,00,000.00
22 Jul 2025
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
Dutchply Industries Ltd
Registered Address of Borrower
#319,Sector 37-A, Chandigarh
Owner
Sanjay Kumar bhagat, Ajay Kumar Bhagat
NPA Amount
₹28.78 Cr
NPA Date
04 Jun 2013
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78073698975
Customer ID
85376938242
Borrower CIF
85376938242
Demand Notice
Notice Date
16 Jan 2014
Notice Amount
₹28.78 Cr
Asset Classification
Classification Date
15 Mar 2018
Classification ID
5
Possession Dates
Physical
16 Feb 2021

Additional details

Property USP
Strategically located on a corner plot, this property offers dual road frontage ensuring unmatched visibility and ease of access.
Description
Factory land and building situated at village Akbarpur Ranjitpura, Tehsil Morinda, District Roopnagar.

EMD Schedule

EMD Start
18 Feb 2026
12:42 PM
EMD Deadline
11 Mar 2026
11:00 AM
Payment Deadline
29 Sept 2025

Inspection Schedule

Inspection Start
07 Mar 2026
11:00 AM
Inspection End
07 Mar 2026
1:00 PM

Officer Details

Authorized Officer
PARAMJEET SINGH CHANDEL
CHIEF MANAGER
Dealing Officer
Jasdeep Singh Oberoi

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 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78073698975
CERSAI ID
200008017719
Property ID
SBINDUTCHPL

Nearby Amenities

Nearest Station
Rupnagar
State Bank of India logo
State Bank of India
Verified seller
Branch: SAMB CHANDIGARH-04262
IFSC: SBIN

Bank contact

+91 94422 87985+91 98550 63474
Branch Address
IST FLOOR, LOCAL HEAD OFFICE BUILDING, CHANDIGARH CHANDIGARH
Branch IFSC
SBIN0004262
Department
SAMB CHANDIGARH-04262