Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612877
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹6,48,000
EMD:₹64,800
Bid Increment:₹25,000
Auction Time:11:00 AM to 05:00 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 Bhopal, Madhya Pradesh, being auctioned by Punjab National Bank under the SARFAESI Act. The property is associated with the borrower Shri Dinesh Pal. It presents an opportunity for potential buyers to acquire a flat in the Bhopal area.
State:Madhya Pradesh
City:Bhopal
Area:Bhopal
Asset Category:Residential
Full Address:S-07, Abdul Mujeeb Complex, Flat No. S-07, 2nd Floor of Plot No.09, Abdul Mujeeb Complex, Mohalla Kabeetpura, Shahjahanabad, Bhopal, Shahjahanabad, Bhopal
Building/Society:Abdul Mujeeb Complex
Size:55.76 Sq.Mtr.
Auction Description
Punjab National Bank is conducting an SARFAESI auction for a residential flat in Bhopal, Madhya Pradesh. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is ₹6,48,000, with an Earnest Money Deposit (EMD) of ₹64,800 required to participate.
Borrower Name:Shri Dinesh Pal
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a relatively affordable flat in a decent location, but the locality's overall appeal and the presence of other auction properties temper the enthusiasm. The reserve price is reasonable, and the physical possession is a positive factor, making it a calculated opportunity for budget-conscious buyers.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020
