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