e-auction sale notice for sale of immovable assets under the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 read with proviso to rule 9(1) of security interest(enforcement) rules,2002. the below described immovable property mortgaged/charged to the secured creditor, the physical possession of which has been taken by the authorised officer of karnataka bank ltd, the secured creditor on 16.12.2025, will be sold on "as is where is"asis whatisand

Karnataka Bank Limited has invited bids for the e-auction sale notice for sale of immovable assets under the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 read with proviso to rule 9(1) of security interest(enforcement) rules,2002. the below described immovable property mortgaged/charged to the secured creditor, the physical possession of which has been taken by the authorised officer of karnataka bank ltd, the secured creditor on 16.12.2025, will be sold on "as is where is"asis whatisand whatever there is on 15.10.2026 for recovery of rs.91,02,129.51 [rupees ninety one lakhs two thousand one hundred twenty nine and paise fifty one only] i.e i) rs.81,48,434.07 under ps-term loan a/c no.4527001800035301 along with future interest from 30.09.2024, ii) rs.9,53,695.44 under ps-term loan a/c no.4527001800035401 along with future interest from 30.09.2024, plus cost, due to the karnataka bank ltd. description of the immovable property: all that part and parcel of residential property bearing h no.b-xxxiv-7175/3, measuring 141.10 sq. yards in the land bearing khata no.348/417,350/419,351/420, khasra no.18/2, 18/9 &18/1 as per jamabandi for the year 2011-12, situated at revenue estate of village haibowal kalan, hadbast no.102, street no.04, abadi durgapuri, tehsil & district ludhiana, with residential property constructed thereon, belonging to mr.naman jain. boundaries: east: neighbour & closed street (22-3%) west: street (22-3/ north house no.257'-0 south: house no.457-0., with an EMD of ₹0.09 Cr. Please refer to the tender document for project value details. Interested bidders can submit applications until 15 October 2026, with the technical opening scheduled for 15 October 2026.