Shops for Sale in Raikot Auction in Punjab - 147959754

Procurement Summary

State: Punjab

Summary: Shops for Sale in Raikot

Deadline: 27 Aug 2026

Posting Date: 26 Aug 2026

Other Information

Notice Type: Auction

TOT Ref.No.: 147959754

Document Ref. No.: UBINCHDLAB7519

Financier: Self Financed

Purchaser Ownership: Public

Document Fees: Refer Document

Tender Value: ₹ 17000000

EMD: ₹ 1710000.00

Purchaser's Detail

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Tender Details

Shops for sale in Raikot

Auction ID : 350675
Auction ID350675

Customer ID1000277519

Bank Property IDUBINCHDLAB7519

BranchARB LUDHIANA-579963

Officer, DesignationSWATANTAR KUMAR-Authorised Officer - Scale - IV - CM

BankUnion Bank of India

Property TypeCommercial

Property Sub TypeShops

Borrower's 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 "

Type of ActionUnder SARFAESI

Dealing Officer Name, Designation: Jagdev

Mobile No.: 9466284650

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 - 141003

Reserve price: ₹1, 71, 00, 000.00

EMD: ₹17, 10, 000.00

Increment Price: ₹1, 00, 000.00

Increment Price During Extension: ₹1, 00, 000.00

Extend Time When Valid Bid Received in Last(In Minutes): 10

Extend Time By (In Minutes): 10

Property Type: Commercial

Property Sub Type: Shops

Possession Type: Symbolic

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

Is this property available for Loan offer?: No

Documents

 Tender Notice