Auction

Immovable/Land/Patiala

Posted: November 9, 2025 Category: Auctions Insights: Your Guide to Bidding and Beyond

auction bid form Kotak Mahindra Bank

e25956be-7b0f-4548-925a-8d8efca402b4

๐Ÿฆ Event Details

Event Type: DRT
Event No.: 206955
NIT Reference No.: RC No. 147/2021 In OA No. 2557/2018
Tender / Event Title: Kotak Mahindra Bank Vs Gian Chand and Ors.
Organising Bank / Institution: Kotak Mahindra Bank
Event Branch: Kotak Mahindra Bank, Sohana, Mohali (Commercial Banking) โ€“ BO

๐Ÿ  Property Details

Property Category: Immovable
Property Sub-Category: Land

Property Description:
Land measuring 43 Bigha 4 Biswa (43,200 Sq. Yds = 9 Acres), Khewat Khatta No. 35/65, Khasra Nos. 259(6-4), 271(6-5), 272(6-5), 273(6-5), 274(7-0), 276min(5-0), 275(6-5), situated in Village Badoli, Hadbast No. 65, Tehsil Rajpura, District Patiala, Punjab.
Owned by Gian Chand s/o Bant Singh and Mann Singh s/o Bant Singh.
Copy of mortgage deed No. 2511, dated 03.10.2013.

Borrowerโ€™s Name: Gian Chand and Ors.

๐Ÿ’ฐ Auction Details

Reserve Price: โ‚น2,52,00,000.00
Tender Fee: โ‚น0.00
Price Bid: Applicable
Bid Increment Value: โ‚น1,00,000.00
Auto Extension Time: 5 minutes
No. of Auto Extensions: Unlimited
Digital Signature (DSC) Required: No

๐Ÿฆ EMD (Earnest Money Deposit) Details

EMD Amount: โ‚น25,20,000.00
Deposit Bank Name: Kotak Mahindra Bank
Deposit Bank Account No.: DD
IFSC Code: DD

๐Ÿ“… Important Dates

Press Release Date: 10 September 2025

Date of Property Inspection:

  • From: Not available
  • To: Not available

Offer (First Round Quote) Submission Last Date: 10 November 2025 โ€“ 16:00 hrs
Offer (First Round Quote) Opening Date: 10 November 2025 โ€“ 16:05 hrs

Auction Start Date & Time: 11 November 2025 โ€“ 14:00 hrs
Auction End Date & Time: 11 November 2025 โ€“ 15:00 hrs

Documents to be Submitted: Pan Card, Auction Bid Form, Proof Of Address