Commercial Shop for auction Plot R-15 New Grain Market Patiala by PNB

Property for Auction in Patiala Cantt, Patiala, Punjab

Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Patiala Cantt, Patiala
Auction Date IconAuction Date:
29-08-2025 11:00 AM

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

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