Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612595
Bank Name:Punjab National Bank
Branch Name:ARMB JALANDHAR
Reserve Price:₹5,13,000
EMD:₹51,300
Bid Increment:₹5,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
A residential house located in Phagwara, Kapurthala, Punjab, is being offered for auction by Punjab National Bank. This property, previously owned by Sh. Khem Raj, presents an opportunity for prospective buyers in a well-established area.
State:Punjab
City:Kapurthala
Area:Phagwara
Asset Category:Residential
Full Address:BXIV/116/5, Unit no. BXIV/116/5, Nighan Mohalla, Mehli Gate, Phagwara, Nighan Mohalla, Mehli Gate, Phagwara
Size:4 Marla
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Phagwara, Kapurthala, Punjab. The auction will take place on December 5, 2025, from 11:00 AM to 04:00 PM. The reserve price for this property is ₹5,13,000, with an Earnest Money Deposit (EMD) of ₹51,300 required to participate. This is a valuable opportunity to acquire a property through a bank auction.
Borrower Name:Sh. Khem Raj
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Raj Rani, Sh. Mohit Batra
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Phagwara, offered at a reasonable reserve price. While the location may not be prime, the price point and auction terms present a calculated opportunity for potential buyers. Further due diligence on the property and local market conditions is recommended.
Contact Details
Branch:Branch Office : ARMB JALANDHAR
Service Provider:Public Auction
Contact Details:
Contact no: —
