Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612875
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹1,33,84,000
EMD:₹13,38,400
Bid Increment:₹25,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a commercial building located in Sagar, Sagar, Madhya Pradesh, offered for auction by Punjab National Bank. The property was formerly held by M/s Hari Om Traders. This is a SARFAESI auction, presenting a unique opportunity to acquire a commercial asset in a key area of Sagar. The building is suitable for various business ventures.
State:Madhya Pradesh
City:Sagar
Area:Sagar
Asset Category:Commercial
Full Address:land khasra No. 106/1, 106/2, PT Halka No.77 (New 65), Area 1650 Sq.ft., Ward No.27, Mouja-Sagar Boundaries: East- House of Jain, West-Pushpa Kukreja, North-House Narendra Jain, South-Houe Gyanchand Kukreja, Sagar, Sagar
Size:1650 Sq.ft.
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a commercial building in Sagar, Madhya Pradesh. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is ₹1,33,84,000, with an Earnest Money Deposit (EMD) of ₹13,38,400 required to participate. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:M/s Hari Om Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The commercial roof in Sagar presents a calculated opportunity due to its location and size. While not a prime investment, the reserve price and auction terms suggest potential for value appreciation. Further due diligence is advisable to assess the condition and legal aspects fully.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020
