Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609612
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹3,39,83,000
EMD:₹33,98,300
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a residential house located in Tigaon, Faridabad, Haryana. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is an excellent opportunity to acquire a house in a well-established area. The property is ideal for residential use and offers potential for comfortable living. Its location in Faridabad provides access to essential amenities and infrastructure.
State:Haryana
City:Faridabad
Area:Tigaon
Asset Category:Residential
Full Address:28, House No-28 comprised in Mustil no 98, Kila no 10(6-17), area 2420 Sq yards Badina Mohalla Near Govemment Hospital, Tigaon, Faridabad
Size:2420 Sq yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Tigaon, Faridabad, Haryana. The auction will take place on December 5, 2025, from 11:00 AM to 4:00 PM. The reserve price for this property is ₹3,39,83,000, with an Earnest Money Deposit (EMD) of ₹33,98,300. This is a prime opportunity for interested buyers to participate in the bidding process and acquire this asset. The auction is being held under the SARFAESI Act.
Borrower Name:M/s Chirag Departmental Store
Auction Type:SARFAESI Auction
Guarantor Names:Shri Manoj Kumar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity given its location in Tigaon and residential nature. The reserve price is substantial, requiring careful assessment of market value. Auction terms are standard, but potential buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Deepshikha Singh
Contact no:9953494313
