Property for Auction in Manimajra, Chandigarh, Punjab
Auction ID:551207
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹2,61,00,000
EMD:₹26,10,000
Service Provider:Public Auction
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:00 AM
A well-located residential flat in Manimajra, Chandigarh, offered by Punjab National Bank. This property is part of a SARFAESI auction process and represents a valuable acquisition opportunity in the vibrant city of Chandigarh. Situated in Manimajra, the flat offers convenient access to city amenities and infrastructure. Further details regarding the specific layout, size, and condition of the flat will be available in the official auction documentation. This is an ideal chance for individuals or investors looking to purchase property in this region through a transparent bank auction.
State:Punjab
City:Chandigarh
Area:Manimajra
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a residential flat located in Manimajra, Chandigarh. This is a prime opportunity to acquire property in a sought-after area. The auction will be conducted online on August 20, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at ₹2,61,00,000, with an Earnest Money Deposit (EMD) of ₹26,10,000 required to participate. This auction is a direct sale of a repossessed asset. Interested bidders are advised to review all auction terms and conditions provided by Punjab National Bank.
Borrower Name:M/s Rdesco Agro Foods
Auction Type:SARFAESI Auction
Mr. Sh. Rajeev Minhas : 7018498637