SBI sets up property mall in Ludhiana

The mall would display the details of e-auctions to be conducted along with photographs of the properties being sold

Image
BS Reporter Chandigarh
Last Updated : Sep 11 2014 | 10:20 PM IST
State Bank of India has launched an initiative called SBI Property Mall for popularising sale of industrial, commercial and residential properties by e­auction. The first such mall in the country was inaugurated at Ludhiana by Parveen Kumar Malhotra, deputy managing director and group executive, Stressed Assets Management. The mall would display the details of e-auctions to be conducted along with photographs of the properties being sold.

For wide publicity to the investors in general. It is expected through this initiative sale of properties, taken possession by the Bank, will get a fillip.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 11 2014 | 8:08 PM IST

Next Story