Property Type:
Location:
Auction Date:Auction Details
Auction ID:556220
Bank Name:Punjab National Bank
Branch Name:Branch Office : Ludhiana
Reserve Price:₹82,16,000
EMD:₹8,21,600
Service Provider:BAANKNET
Important Dates
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
Property Description
A commercial shop located in the well-connected Patiala Cantt area of Patiala, Punjab. This property is being auctioned by Punjab National Bank as part of a SARFAESI action against the borrower, M/s Somnath & Brothers. Ideal for retail or business ventures, the shop offers excellent potential for growth in a bustling commercial hub. Don't miss this chance to own a valuable commercial property in Patiala.
State:Punjab
City:Patiala
Area:Patiala Cantt
Asset Category:Commercial
Auction Description
Punjab National Bank presents a SARFAESI auction for a commercial shop in Patiala Cantt, Patiala, Punjab. The auction will be held on August 29, 2025, from 11:00 AM to 4:00 PM. The reserve price is INR 8,216,000, with an Earnest Money Deposit (EMD) of INR 821,600. This is a prime opportunity to acquire a commercial asset in a key location. Bid confidently to secure your business future.
Borrower Name:M/s Somnath & Brothers
Auction Type:SARFAESI Auction
Contact Details
Dealing Officer PANKAJ KUMAR GUPTA Contact No : 9628727717
