Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612343
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹5,27,000
EMD:₹52,700
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 the well-connected area of Sadashiv Nagar, Gwalior, Madhya Pradesh. The property is being auctioned by Punjab National Bank as part of a SARFAESI action. It offers a comfortable living space in a sought-after locality.
State:Madhya Pradesh
City:Gwalior
Area:Sadashiv Nagar
Asset Category:Residential
Full Address:5, EWS Block No. 3, Counter Magnet City, Sada, Gwalior (M.P.), Sadashiv Nagar, Gwalior
Size:270 sq.ft.
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Sadashiv Nagar, Gwalior. The auction will take place on November 26, 2025, from 01:00 PM to 05:00 PM. The reserve price for this property is ₹5,27,000, with an Earnest Money Deposit (EMD) of ₹52,700. This is a great opportunity to acquire a property in a prime location.
Borrower Name:Shri Balveer Pandey
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property offers a reasonable investment opportunity due to its relatively low reserve price and location in Gwalior. However, the small size of the flat and symbolic possession status suggest a need for careful evaluation. Given these factors, it's a 'Calculated Opportunity' suitable for investors who are comfortable with some level of risk.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Shri Ramesh Chandra Dhangar
Contact no:0755-2550020/7049405000
