Commercial Building for Auction Purana Bazaar Gurdaspur 17 Lakh by Punjab National Bank 23 Jun 2026
Purana Bazaar, Gurdaspur
Area: 140 sq ft
Purana Bazaar, Gurdaspur
Punjab National Bank · ARMB
Reserve price
₹17,00,000
EMD ₹1,70,000
Auction date
23 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 140 sq ft
- ▸Locality: Purana Bazaar
- ▸Reserve: ₹17,00,000
- ▸EMD: ₹1,70,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Building · Commercial |
| Locality | Purana Bazaar |
| Built-up / plot area | 140 sq ft |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | BAANKNET |
About this property
Commercial Building bank auction in Purana Bazaar, Gurdaspur by Punjab National Bank — reserve price ₹17,00,000, 140 sq ft, Physical possession.
Discover a prime commercial building for sale through a bank auction by Punjab National Bank. This valuable property, located in the bustling Purana Bazaar of Gurdaspur, Punjab, measures 140 sq ft with dimensions of 7ft x 20ft. Situated at Purana Bazaar, Gurdaspur, it is bounded by Purana Bazaar (North), Property of Khanna (South), Property of Joginder Paul (East), and Property Mela Ram (West). The property is currently under physical possession, offering a seamless transition for the new owner. The auction is scheduled for June 23, 2026, from 11:00 AM to 04:00 PM, with a reserve price of ₹1,700,000 and an EMD of ₹170,000. This is an excellent bank auction property opportunity for investors and businesses looking for a strategically located commercial property in Gurdaspur.
GeoSquare note: This commercial building in Purana Bazaar, Gurdaspur, presents a strong investment opportunity, particularly given its advantageous physical possession status and competitive reserve price of ₹1,700,000. Located in what appears to be a prime commercial area, its compact 140 sq ft size is ideal for a small business or shop. The 'Not Known to Bank' encumbrance status requires bidder due diligence, but the overall potential for a commercial property in a local bazaar makes it a compelling option.
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