Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611127
Bank Name:Central Bank of India
Branch Name:Regional Office
Reserve Price:₹17,70,000
EMD:₹1,77,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a residential house located in Amritsar, Punjab, brought to auction by the Central Bank of India. The property is being sold under the SARFAESI Act due to a default by the borrower, Mr. Baj Singh. It represents an opportunity to acquire a house in the bustling city of Amritsar.
State:Punjab
City:Amritsar
Area:Amritsar
Asset Category:Residential
Full Address:31, House no. 31, Abadi Milap Avenue, Kala Ghanupur Sub Urban, Abadi Milap Avenue, Amritsar
Size:91.66 sq. Yards
Auction Description
The Central Bank of India is conducting a SARFAESI auction for a residential house in Amritsar, Punjab. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this property is INR 17,70,000, with an Earnest Money Deposit (EMD) of INR 1,77,000 required to participate.
Borrower Name:Mr. Baj Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Harjinder Kaur
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its residential nature and Amritsar location. The reserve price is relatively reasonable. Potential investors should thoroughly assess the property's condition and local market dynamics before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Mr. Piyush Tiwari
Contact no:99776-01800
