Commercial Building for Auction Friends Colony Fazilka 5.6 Crore by Punjab National Bank 16 Jun 2026
Friends Colony, Fazilka
Area: 6 Kanal 10 Marla Sq.ft
Old Fazilka Road, Near Friends Colony, Abohar
Punjab National Bank · SAMB CHANDIGARH
Reserve price
₹5,60,68,750
EMD ₹56,06,875
Auction date
16 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 6 Kanal 10 Marla Sq.ft
- ▸Locality: Friends Colony
- ▸Reserve: ₹5,60,68,750
- ▸EMD: ₹56,06,875
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Building · Commercial |
| Locality | Friends Colony |
| Built-up / plot area | 6 Kanal 10 Marla Sq.ft |
| Lender | Punjab National Bank |
| Branch | SAMB CHANDIGARH |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Commercial Building bank auction in Friends Colony, Fazilka by Punjab National Bank — reserve price ₹5,60,68,750, 6 Kanal 10 Marla Sq.ft, Symbolic possession.
Bank auction property! Seize the opportunity to acquire a commercial building in Abohar, Fazilka, Punjab, through Punjab National Bank's e-auction. This commercial building, situated at Old Fazilka Road near Friends Colony, spans across 6 Kanal 10 Marla. With a reserve price of ₹56,068,750.0 and an EMD of ₹5,606,875.0, this property presents a valuable investment. The e-auction is scheduled for 2026-06-16, offering a chance to own prime commercial real estate in a thriving locality. Don't miss this opportunity to invest in a strategically located commercial space through a bank auction property.
GeoSquare note: The commercial building in Abohar is offered at a reserve price of ₹56,068,750.0, which may be a good investment for local business expansion or rental income if the market value aligns. Its 'Symbolic' possession status and undermarketed note introduce potential delays and legal considerations. Therefore, a 'Fair Option' is recommended pending thorough due diligence of the site.
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