Property for Auction in Mallanwala, Firozpur, Punjab
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
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : SAMB CHANDIGARH
Service Provider:BAANKNET
Contact Details:
Shri Hari Singh Gumra
Contact no:9501011937