Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612575
Bank Name:Punjab National Bank
Branch Name:ARMB JALANDHAR
Reserve Price:₹19,94,000
EMD:₹2,00,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Hoshiarpur, Hoshiarpur, Punjab. The property is being auctioned by Punjab National Bank as part of a SARFAESI auction. The reserve price for this auction is ₹19,94,000.0, with an Earnest Money Deposit (EMD) of ₹2,00,000.0. This presents a valuable opportunity to acquire a property in a well-established area.
State:Punjab
City:Hoshiarpur
Area:Hoshiarpur
Asset Category:Residential
Full Address:Village Ajjowal, Hoshiarpur, Tehsil & District Hoshiarpur, Ajjowal, Hoshiarpur
Size:12 Marla
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Hoshiarpur, Hoshiarpur, Punjab. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price is set at ₹19,94,000.0, and interested bidders must submit an EMD of ₹2,00,000.0. This is a timed auction event, so ensure you are registered and prepared to bid within the specified timeframe.
Borrower Name:Mr Ashok Kumar Sharma
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Ajjowal, Hoshiarpur, offers a chance for investment at a relatively low reserve price. The physical possession status is a positive aspect, but further due diligence is recommended. The location and property type suggest a calculated opportunity with moderate risk.
Contact Details
Branch:Branch Office : ARMB JALANDHAR
Service Provider:Public Auction
Contact Details:
Contact no: —
