Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611350
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹9,00,000
EMD:₹90,000
Bid Increment:₹10,000
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 in the Purohit area of Ratlam, Madhya Pradesh. The property is being auctioned by Punjab National Bank as part of a SARFAESI auction. It offers a great opportunity for prospective buyers looking for a home in a well-established locality.
State:Madhya Pradesh
City:Ratlam
Area:Purohit
Asset Category:Residential
Full Address:57, House No. part of 57, Purohit ka was, Ratlam M.P., Purohit, Ratlam
Size:472.87 Sq. Ft.
Auction Description
Punjab National Bank is conducting an e-auction for a residential house owned by Mr. Nehru Hussain Khan in Purohit, Ratlam, Madhya Pradesh. The auction will be held on 26-11-2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price for this SARFAESI auction is ₹9,00,000.00, with an Earnest Money Deposit (EMD) of ₹90,000.00 required to participate. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:Mr Nehru Hussain Khan
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a house in Purohit, Ratlam, offers a reasonable investment potential given its size and location. The reserve price of ₹900000.0 makes it an accessible entry point. However, potential buyers should assess the neighborhood and condition of the property before bidding.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
