House for auction Mallanwala Firozpur 32 lakh Punjab National Bank

Property for Auction in Mallanwala, Firozpur, Punjab

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
211.75 sq. yards
Reserve Price
31,95,000
Reserve Price
31,95,000
EMD Required
3,20,000
Property Specifications
Size211.75 sq. yards
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Mallanwala, Firozpur
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609127

Bank Name:Punjab National Bank

Branch Name:SAMB CHANDIGARH

Reserve Price:31,95,000

EMD:3,20,000

Bid Increment:50,000

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 SARFAESI auction presents a compelling opportunity to acquire a residential house in Mallanwala, Firozpur, Punjab. The property is owned by M/s Mahadev Industries and is being auctioned by Punjab National Bank. This is a chance to own a home in a well-established area, ideal for individuals or families looking to settle in Firozpur. The auction is conducted online, offering convenience and accessibility.

State:Punjab

City:Firozpur

Area:Mallanwala

Asset Category:Residential

Full Address:Guru Nanak Nagri, Mallanwala, Mallanwala, Firozpur

Size:211.75 sq. yards

Auction Description

Punjab National Bank is conducting an online SARFAESI auction for a residential house located in Mallanwala, Firozpur, Punjab. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this property is ₹31,95,000, with an Earnest Money Deposit (EMD) of ₹3,20,000 required to participate. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.

Borrower Name:M/s Mahadev Industries

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential house in Mallanwala, offered at a reasonable reserve price. While the location is not a major metropolitan area, it presents a calculated opportunity for local buyers or investors. The terms are standard, but due diligence regarding the property's condition is recommended.

Contact Details

Branch:Branch Office : SAMB CHANDIGARH

Service Provider:BAANKNET

Contact Details:

Shri Hari Singh Gumra

Contact no:9501011937

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