Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612861
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹49,77,000
EMD:₹4,97,700
Bid Increment:₹25,000
Auction Time:11:00 a.m. to 5.00 p.m.
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 on Kolar Road, Bhopal, Madhya Pradesh. The property is being auctioned by Punjab National Bank as part of a SARFAESI auction. It offers a great opportunity for buyers seeking a home in a well-established area of Bhopal.
State:Madhya Pradesh
City:Bhopal
Area:kolar Road
Asset Category:Residential
Full Address:36, House No.36, Sector-D, Near Sai Steel, Banjari Colony, Kolar Road, Bhopal, Kolar Road, Bhopal
Size:1500 Sq.ft.
Auction Description
Punjab National Bank is conducting an e-auction for a residential house on Kolar Road, Bhopal. The auction will take place on November 26, 2025, from 11:00 AM to 5:00 PM. The reserve price for this SARFAESI auction is ₹49,77,000, with an Earnest Money Deposit (EMD) of ₹4,97,700. This is a prime opportunity to acquire a property through a transparent bidding process.
Borrower Name:M/s Jain Enterprises
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a house in Kolar Road, Bhopal, presents a reasonable opportunity. The location is decent, and the reserve price is competitive. However, the 'Symbolic' possession status warrants careful due diligence before investing.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020/9557822211
