House for Auction Urban Estate Phase 2 Patiala 1.4 Crore by Punjab National Bank 29 Jun 2026
Urban Estate, Phase 2, Patiala
Area: 256.67 Sq yards
Residential House No. 525, Phase II, Urban Estate, Patiala (Punjab)
Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹1,38,70,000
EMD ₹13,87,000
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 256.67 Sq yards
- ▸Locality: Urban Estate, Phase 2
- ▸Reserve: ₹1,38,70,000
- ▸EMD: ₹13,87,000
Auction snapshot
| Possession | Symbolic |
| Property type | House · Residential |
| Locality | Urban Estate, Phase 2 |
| Built-up / plot area | 256.67 Sq yards |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Unit / flat no. | House No. 525 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
House bank auction in Urban Estate, Phase 2, Patiala by Punjab National Bank — reserve price ₹1,38,70,000, 256.67 Sq yards, Symbolic possession.
Discover a valuable bank auction property: Residential House No. 525, located in the well-regarded Urban Estate, Phase 2, Patiala, Punjab. This house, measuring 256.67 sq yards, is available through Punjab National Bank with a reserve price of ₹1,38,70,000.0. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 04:00 PM. Property inspection is available between June 11 and June 28, 2026. While the possession status is symbolic and an encumbrance related to a securitization application is noted, this spacious residential house in Patiala offers a significant investment opportunity. Don't miss this chance to acquire a bank auction property in a prime location.
GeoSquare note: This residential house in Urban Estate, Phase 2, Patiala, presents a strong investment opportunity due to its good location and substantial size (256.67 sq yards). While the possession is symbolic and there's a pending encumbrance, these factors are common in bank auctions and often lead to competitive pricing. The property's price range is attractive for a prime residential area, making it a potentially rewarding acquisition for informed buyers.
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