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Other in Ludhiana

Ludhiana

Reserve price
₹80.70 L
Auction date
17 Feb 2026
11:30 AM
EMD deadline
16 Feb 2026
5:00 PM
Bid increment
₹10,000.00

Auction timeline

Auction starts
17 Feb 2026 at 11:30 AM
Auction ends
17 Feb 2026 at 12:30 PM
EMD submission deadline
16 Feb 2026 at 5:00 PM

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

Property overview

Property Title
Machinery situated at commercial Land and building of M/s Kaushal Finishing for Sale in Ludhiana
Type
Other
Sub Type
Others
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Others (Hypothecation)
Property Price
₹80.70 L
Property Identifiers
Bank Property ID
CNRB68199102
Collateral ID
2584261000259004

Location details

Property Address
26/A INDUSTRIAL AREA A, EXTENTION LUDHIANA-141003, PUNJAB
City: Ludhiana
District: Ludhiana
State: Punjab
Pin Code: 141003
Country: India

Borrower & Loan details

Borrower Name
M/s S.R.K. FABRICS
Registered Address of Borrower
26/A INDUSTRIAL AREA A, EXTENTION LUDHIANA-141003, PUNJAB
Owner
M/s KAUSHAL FINISHING
Ownership of Property
Guarantor Cum Mortgagor
Co-Borrower(s)
MR. SACHIN KAUSHAL
Guarantor
M/s KAUSHAL FINISHING
NPA Amount
₹38.52 Cr
NPA Date
31 Dec 2016
Ownership Type
Freehold
Title Deed
Others
Asset Type
Immovable
Collateral ID
2584261000259004
Customer ID
68418067
Guarantor Address
26/A INDUSTRIAL AREA A, EXTENTION LUDHIANA-141003, PUNJAB
Possession Dates
Symbolic
05 Jun 2025

Additional details

Description
Machinery situated at commercial Land and building of M/s Kaushal Finishing 26/A INDUSTRIAL AREA A, EXTENTION LUDHIANA-141003, PUNJAB

EMD Schedule

EMD Start
15 Jan 2026
4:14 PM
EMD Deadline
16 Feb 2026
5:00 PM
Payment Deadline
16 Feb 2026

Inspection Schedule

Inspection Start
09 Feb 2026
3:00 PM
Inspection End
10 Feb 2026
5:00 PM

Officer Details

Authorized Officer
Ripan Madan
Authorised Officer - Scale - IV - CM
Dealing Officer
RIPAN MADAN CHIEF MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹10,000.00
Extension Increment
₹10,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Others (Hypothecation)
Asset Type
Immovable
Collateral ID
2584261000259004
Property ID
CNRB68199102
Canara Bank
Verified seller
Branch: SPECIALISED ARM BRANCH, LUDHIANA
IFSC: CNRB

Bank contact

+91 99999 99999+91 95177 00632
Branch Address
Millerganj, Gill Road,
Branch IFSC
CNRB0006819
Department
SPECIALISED ARM BRANCH, LUDHIANA