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
Ludhiana, Punjab
Reserve price
₹3.45 Cr
Auction starts
23 Sep 2026, 08:30 AM
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹3.45 Cr |
|---|---|
| EMD amount | ₹34.47 L |
| Auction starts | 23 Sep 2026, 08:30 AM |
| Auction ends | 23 Sep 2026, 12:30 PM |
| EMD deadline | 22 Sep 2026, 11:30 AM |
| Inspection | 08-09-2026 10:00 – 22-09-2026 16:00 |
| Bank | Bank of Baroda |
| Branch | REGIONAL SARB, LUDHIANA - 6131 |
| Property type | Commercial |
| Sub type | Shops |
| Extent | 6,000 sq ft |
| PIN code | 141001 |
| Status | Upcoming |
| Bank property ID | BARB961430600001864 |
| Type of auction | Under SARFAESI |
| Possession | Physical |
| Locality | Commercial property at Elite's Arcade on Mall Road, Mauja taraf Gehlewal, tehsil and distt Ludhiana |
| Borrower address | THIRD FLOOR ELITE ARCADE MALL , MALL ROAD,LUDHIANA |
| Authorised officer | AJAY VITHALRAO NANDURKAR (Authorised Officer - Scale - IV - CM) |
| Inspection contact | AJAY V NANDURKAR · 9898670184 |
| Bid increment | ₹50,000 |
| Auto-extension | Extends 10 min on a bid in the last 10 min |
| EMD window opens | 07 Sep 2026, 14:52 |
| Parcels in this lot | 2 |
| Extent (sale notice) | 6,000 sq ft + 4,500 sq ft |
| Floor | Third |
| Shop no. | 504-505-506 |
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