Property for Auction in Sagar, Sagar, Madhya Pradesh
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
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
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.
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020/9557822211