Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit
Inspection
By appointment with the authorised officer
Earnest money (EMD)
₹1,37,000, 10% of the reserve
Official source
CFM Asset Reconstruction listing 244842 on bankeauctions.com
Last verified
3 Nov 2026
Compiled from CFM Asset Reconstruction Private Limited’s listing 244842 and its linked sale documents on bankeauctions.com, checked on 3 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
On the numbers
What the “₹13.70 L reserve” means
What CFM Asset Reconstruction’s sale documents say
The reserve is ₹13,70,000, with an EMD of ₹1,37,000. The published submission deadline is 30 Nov 2026, 5:00 PM IST. The highest bid is subject to acceptance under the sale notice.
What BiddingPulse covers
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 3 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
Auction summary
Source: CFM Asset Reconstruction listing on bankeauctions.com; lender’s sale documents
CFM Asset Reconstruction Private Limited is selling land in Phillaour Colony, Nurmahal, Punjab. Its sale notice says the lender has taken physical possession. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹13,70,000 and the notice EMD is ₹1,37,000. Submission closes 30 Nov 2026, 5:00 PM IST. The online auction is scheduled for 1 Dec 2026, 11:00 AM–12:00 PM IST. Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Auction & payment timeline
Source: CFM Asset Reconstruction listing on bankeauctions.com; lender’s sale documents; SARFAESI sale rules
Stage
Date
What it means
Source
Platform press date
29 Oct 2026
The listing’s press-release date for the lender’s sale notice
Listing 244842
Listing seen
2 Nov 2026
First seen on bankeauctions.com
Listing 244842
Inspection
By appointment with the authorised officer
Arrange a property and document inspection with CFM’s authorised officer. A representative needs the required authority and identification; the reviewed notice does not fix a separate visit window.
Sale notice
Registration and EMD close
30 Nov 2026, 5:00 PM IST
Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction
Listing 244842
Online auction
1 Dec 2026, 11:00 AM–12:00 PM IST
On bankeauctions.com. Bids rise in steps of ₹10,000, and a late bid extends the auction by 5 minutes, with no limit
Read the requirements and risks from this lot’s sale documents, checked on 3 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Sale documents
What exactly is being sold?
Land recorded in Khata 550/619, Khasra 134/1 (20-13), near Chungi Naka, Phillaour Colony, Ravidasspura Road, Nurmahal, Hadbast 64, Phillaur tehsil, Jalandhar district, Punjab. The bracketed record (20-13) is retained as printed; the notice does not establish that it is the extent sold or separately state tenure.
BiddingPulse explainer
What do the listing’s terms mean?
A khasra number is a field’s number in the village map. A khata is the account the property is entered under, with the local body or the revenue office.
What are the reserve price and EMD for this land?
The reserve is ₹13,70,000 and the earnest-money deposit (EMD) is ₹1,37,000. The published submission deadline is 30 Nov 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Who can bid for this land, and how do I register?
Register on bankeauctions.com and submit the signed application/declaration, PAN, identity/address documents and EMD evidence by 30 November 2026, 5:00 PM IST.
The terms describe online submission and also require physical delivery to the authorised officer; confirm and complete the required delivery steps before the deadline. An authorised representative needs the prescribed authority and ID.
Bids below reserve or without the required documents/EMD may be rejected.
Does the bank have possession, and can I inspect it?
The lender’s sale notice says it has taken physical possession. Arrange a property and document inspection with CFM’s authorised officer.
A representative needs the required authority and identification; the reviewed notice does not fix a separate visit window. Ask CFM Asset Reconstruction’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
Pay 25% of the accepted price, including EMD, immediately and no later than the next working day. Pay the remaining 75% within 15 days of confirmation.
Any extension requires a written agreement and cannot exceed the notice’s three-month limit from auction. Unsuccessful bidders’ EMD is to be returned within 15 days of auction without interest; delays do not earn interest.
Default can forfeit payments and lead to resale.
What other charges or claims could I face?
Stamp duty, registration, taxes, utility and other property liabilities are for the buyer to verify and bear under the notice. Any required tax deduction forms part of the purchase-price payment. Independently inspect title records, encumbrances, actual extent, access and outstanding charges.
What are the withdrawal, payment and sale risks?
The signed notice records physical possession by the secured creditor, without warranting vacant delivery or title. Sale is on as-is terms.
Bids cannot be withdrawn without the authorised officer’s permission; the highest bid is subject to confirmation. Court orders, repayment or the officer’s decision may stop or change the sale.
Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.