Commercial Building for auction Katra Bazar Sagar 2 Cr Punjab National Bank

Property for Auction in Sagar, Sagar, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
1086.5 Sq.Ft.
Reserve Price
1,80,00,000
Reserve Price
1,80,00,000
EMD Required
18,00,000
Property Specifications
Size1086.5 Sq.Ft.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Building
Location IconLocation:
Sagar, Sagar
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612873

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:1,80,00,000

EMD:18,00,000

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 compelling opportunity to acquire a prime commercial building located in the heart of Sagar, Madhya Pradesh. Situated in the Sagar area, this asset is offered for auction by Punjab National Bank. The property presents excellent potential for various commercial ventures, benefiting from its strategic location and established presence. Ideal for investors or businesses looking to expand in a growing market.

State:Madhya Pradesh

City:Sagar

Area:Sagar

Asset Category:Commercial

Full Address:106/1, 106/2 PT Halka No.77 (New 65), Ward No.27, Mouja Sagar, Khas. Katra Bazar, Katra Bazar, Sagar

Size:1086.5 Sq.Ft.

Auction Description

Punjab National Bank presents a 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 is set at INR 1,80,00,000, with an Earnest Money Deposit (EMD) of INR 18,00,000 required. This is a unique chance to own a valuable commercial asset through a transparent auction process.

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

This commercial building in Katra Bazar presents a moderate investment opportunity. The location is decent, and the reserve price is reasonable. However, potential investors should carefully assess the local market conditions and the specific terms of the auction before bidding.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Shri Binit Kumar

Contact no:0755-2550020/9557822211

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