Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609151
Bank Name:Punjab & Sind Bank
Branch Name:Regional office
Reserve Price:₹88,82,000
EMD:₹8,88,200
Bid Increment:₹1,00,000
Auction Time:11 AM to 12 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
This is a residential house located in Kharar, SAS Nagar, Punjab, brought to auction by Punjab & Sind Bank. The property is being auctioned under the SARFAESI Act. This is a great opportunity to acquire a house in a developed area.
State:Punjab
City:SAS Nagar
Area:Kharar
Asset Category:Residential
Full Address:225-B, House No. 225-B Ward No.1, Dashmesh Nagar, M.C. Kharar, Distt. SAS Nagar, Mohali-140301, Dashmesh Nagar, Kharar
Size:234 Sq. Yds.
Auction Description
Punjab & Sind Bank is conducting a SARFAESI auction for a residential house in Kharar, SAS Nagar, Punjab. The auction will take place on December 4, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹88,82,000, with an Earnest Money Deposit (EMD) of ₹8,88,200 required. This auction presents a unique chance to purchase a property directly from the bank.
Borrower Name:M/s. Harpreet BKO
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Darshan Singh S/o Bakhtawar Singh, Smt. Manjit Kaur W/o Darshan Singh, Smt. Daljit Kaur W/o Harpreet Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Kharar, Punjab, offered at a reserve price of ₹8882000.0. While the location is decent, the auction terms and symbolic possession suggest a calculated approach is necessary. Further due diligence on the property's condition and local market trends is recommended.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Manjit Singh
Contact no:7381033775
