Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612573
Bank Name:Punjab National Bank
Branch Name:ARMB JALANDHAR
Reserve Price:₹37,40,000
EMD:₹3,74,000
Bid Increment:₹50,000
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 Jalandhar, Punjab. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is an excellent opportunity to acquire a property in a prime location within Jalandhar city. Further details regarding the exact location, size, and amenities are available upon request or during inspection.
State:Punjab
City:Jalandhar
Area:Jalandhar
Asset Category:Residential
Full Address:101-C, Glenmore Greens, Flat No. 101-C, Second Floor, Glenmore Greens, Vill. Kingra, Distt. Jalandhar, Glenmore Greens, Jalandhar
Building/Society:Glenmore Greens
Size:1760 Sq Fts
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Jalandhar, Punjab. The auction will take place on December 5, 2025, from 11:00 AM to 4:00 PM. The reserve price for this auction is ₹37,40,000, with an Earnest Money Deposit (EMD) of ₹3,74,000 required to participate. This is a significant opportunity for potential buyers to secure a property through a bank auction.
Borrower Name:Smt. Anita
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Rajiv Kumar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Glenmore Greens, Jalandhar, this 1760 sq ft flat presents a calculated opportunity due to its reasonable reserve price and symbolic possession status. The location is decent, and the price point aligns with market value, offering potential for appreciation. Investors should conduct thorough due diligence before bidding.
Contact Details
Branch:Branch Office : ARMB JALANDHAR
Service Provider:Public Auction
Contact Details:
Contact no: —
