Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613910
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹11,60,000
EMD:₹1,16,000
Bid Increment:₹10,000
Auction Time:11:00 A.M. to 04.00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in the prime area of Indirapuram, Ghaziabad, Uttar Pradesh. The property is being auctioned by Punjab National Bank under SARFAESI regulations. It presents a great opportunity for homebuyers or investors looking for a property in a well-developed locality.
State:Uttar Pradesh
City:Ghaziabad
Area:Indirapuram
Asset Category:Residential
Full Address:559 B, EWS Flat no 559 B, Nyaykhand I Indirapuram Ghaziabad, Indirapuram, Ghaziabad
Size:19.50 sq mtr
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Indirapuram, Ghaziabad. The auction will take place on November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price for this auction is ₹11,60,000, with an Earnest Money Deposit (EMD) of ₹1,16,000 required. This is a unique chance to acquire a property directly from the bank.
Borrower Name:Sh. Vinay Pandey
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small EWS flat in Indirapuram, Ghaziabad, offered at a relatively low reserve price. The constructive possession and EWS status suggest it's more of a calculated risk. The location is decent, but the size and possession type limit its investment potential.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Sh. Bal Krishan Tiwari
Contact no:8216039881
