Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612346
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹17,01,000
EMD:₹1,70,100
Bid Increment:₹25,000
Auction Time:1.00 to 5.00 pm
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 Mahalgaon, Gwalior, Madhya Pradesh. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is a valuable opportunity to acquire a flat in a well-situated area of Gwalior.
State:Madhya Pradesh
City:Gwalior
Area:Mahalgaon
Asset Category:Residential
Full Address:305, Sankalp Apt., H.No. 31/2545, Ward 31, Guideline Ward 32, Village-Mahalgaon, Mahalgaon, Gwalior
Building/Society:Sankalp Apt.
Size:570 sq. ft.
Auction Description
Punjab National Bank is conducting an e-auction for a residential flat in Mahalgaon, Gwalior. The auction will be held on November 26, 2025, from 01:00 PM to 05:00 PM. The reserve price is ₹17,01,000, with an Earnest Money Deposit (EMD) of ₹1,70,100. This is a SARFAESI auction, offering a transparent process for potential buyers to bid on this property formerly associated with borrower Mr. Mohammad Salim.
Borrower Name:Mr. Mohammad Salim
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The flat presents a moderate investment opportunity given its location in Mahalgaon, Gwalior and affordable reserve price. However, the symbolic possession status adds a layer of complexity. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Shri Ramesh Chandra Dhangar
Contact no:0755-2550020
