Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612272
Bank Name:Punjab National Bank
Branch Name:SAMB CHANDIGARH
Reserve Price:₹1,59,84,000
EMD:₹15,98,400
Bid Increment:₹1,00,000
Auction Time:11.00 AM to 4.00 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 house located in Chandigarh, Chandigarh, being auctioned by Punjab National Bank under SARFAESI. The property is categorized as residential and is offered as a house. It presents an excellent opportunity for ownership in a prime location.
State:Punjab
City:Chandigarh
Area:Chandigarh
Asset Category:Residential
Full Address:910/3, B1 Aggarwal Street, 910/3, B1 Aggarwal Street, Near Gandhi Computer, Jalalabad West, Punjab-152024, Jalalabad West, Chandigarh
Building/Society:B1 Aggarwal Street
Size:2441.50 square feet
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Chandigarh, Chandigarh. The auction is scheduled to commence on November 26, 2025, at 11:00 AM and will conclude at 04:00 PM on the same day. The reserve price for this auction is ₹1,59,84,000, with an Earnest Money Deposit (EMD) of ₹15,98,400. This is a unique opportunity to acquire a property through a transparent bank auction process.
Borrower Name:M/s Manav Commission Agent
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Reena Nagpal, Sh. Manav Nagpal, Late Sh. Rajesh Nagpal
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Secured Creditor
Why This Property
The property offers a good amount of space in a developing locality. The reserve price seems fair, but potential buyers should investigate encumbrances thoroughly. Given the location and price, it represents a calculated opportunity for those willing to do their due diligence.
Contact Details
Branch:Branch Office : SAMB CHANDIGARH
Service Provider:BAANKNET
Contact Details:
Sh. Hari Singh Gumra
Contact no:9501011937
