Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612859
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹6,70,000
EMD:₹67,000
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. The property is offered under the SARFAESI Act. The reserve price for this auction is INR 6,70,000, with an Earnest Money Deposit (EMD) of INR 67,000 required to participate. The auction presents an opportunity to acquire a property in Bhopal.
State:Madhya Pradesh
City:Bhopal
Area:Bhopal
Asset Category:Residential
Full Address:FR-01, Abdul Mujeeb Complex, Flat No. FR-01, Fourth Floor, Plot No.9, Abdul Mujeeb Complex, Ward No. No.9 Mohalla- Kabeetpura, Shahjahanabad, Bhopal, Shahjahanabad, Bhopal
Building/Society:Abdul Mujeeb Complex
Size:750 sq.ft
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Bhopal, Madhya Pradesh. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price is set at INR 6,70,000, and interested bidders must submit an EMD of INR 67,000. This is a sealed bid auction.
Borrower Name:Shri Abhishek Singh
Auction Type:SARFAESI Auction
Guarantor Names:Shri Devchand Singh
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in a known area of Bhopal, offered at a relatively accessible reserve price. While the location is mentioned, further market research is needed. Given the bank auction terms, it represents a calculated investment opportunity.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020/9557822211
