Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614595
Bank Name:Punjab National Bank
Branch Name:Circle Office ,Bathinda
Reserve Price:₹15,00,000
EMD:₹1,50,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 04:00 PM
Bid Start Date:2025-12-05
Property Description
A residential house located in Budhlada, Mansa, Punjab. This property is being auctioned by Punjab National Bank under the SARFAESI Act. It represents an excellent opportunity for homebuyers or investors seeking property in the Mansa region. The property is situated in a well-established area, offering potential for comfortable living or rental income.
State:Punjab
City:Mansa
Area:Budhlada.
Asset Category:Residential
Full Address:Ward No. 2, Near Old Gas Agency Road, Ghumiar Basti, Budhlada, Distt Mansa, Punjab-151502, Ghumiar Basti, Budhlada
Size:226.11 Sq. Yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Budhlada, Mansa, Punjab. The auction will take place on 05-12-2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is INR 15,00,000, with an Earnest Money Deposit (EMD) of INR 1,50,000 required to participate. This is a prime opportunity to acquire a house in a developing area of Punjab.
Borrower Name:Inderit Kaur
Auction Type:SARFAESI Auction
Guarantor Names:Harbans Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Notknown to secured creditor
Why This Property
The property is a residential house in Budhlada, Punjab, offered at a reasonable reserve price. While the location is not a major metropolitan area, the price point and auction terms make it a calculated opportunity for local investors or those seeking affordable housing. Further due diligence is advised.
Contact Details
Branch:Branch Office : Circle Office ,Bathinda
Service Provider:BAANKNET
Contact Details:
Contact no: —
