House for auction Mallanwala Firozpur 61 lakh Punjab National Bank

Property for Auction in Kamalwala Road, Firozpur, Punjab

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
18 marla
Reserve Price
60,90,000
Reserve Price
60,90,000
EMD Required
6,10,000
Property Specifications
Size18 marla
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Kamalwala Road, Firozpur
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609123

Bank Name:Punjab National Bank

Branch Name:SAMB CHANDIGARH

Reserve Price:60,90,000

EMD:6,10,000

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 on Kamalwala Road in Firozpur, Punjab. It is being auctioned by Punjab National Bank under SARFAESI regulations. The property is situated in a well-established area, offering a prime opportunity for ownership. Its exact dimensions and condition will be detailed further, but it represents a substantial real estate asset within Firozpur.

State:Punjab

City:Firozpur

Area:Kamalwala Road

Asset Category:Residential

Full Address:Kamalwala Road, Mallanwala, Mallanwala, Firozpur

Size:18 marla

Auction Description

Punjab National Bank presents a SARFAESI auction for a residential house on Kamalwala Road, Firozpur. The auction commences on November 26, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at 60,90,000.00, with an Earnest Money Deposit (EMD) of 6,10,000.00 required to participate. This auction is a significant opportunity for prospective buyers looking to acquire property in Firozpur, Punjab.

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 Firozpur, offered at a reasonable reserve price. While the location might not be prime, the property's size and the bank auction terms make it a calculated opportunity for potential buyers. Further due diligence on the property's condition and local market 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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