Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611680
Bank Name:Indian Bank
Branch Name:Zonal Office, Jalandhar
Reserve Price:₹9,11,000
EMD:₹91,100
Bid Increment:₹25,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction for a residential property located in Basti Danishmanda, Jalandhar, Punjab. The property consists of land and a building, formerly owned by Mrs. Pinky Rani. It is situated in a developed area of Jalandhar, offering potential for residential use. The auction presents an opportunity to acquire a property in a well-established locality. This is a bank auction conducted by Indian Bank.
State:Punjab
City:Jalandhar
Area:Basti Danishmanda
Asset Category:Residential
Full Address:Guru Ram Dass Colony, Guru Ram Dass Colony, Basti Danishmanda, Jalandhar, Basti Danishmanda, Jalandhar
Building/Society:Guru Ram Dass Colony
Size:56 sq ft
Auction Description
Indian Bank is holding a SARFAESI auction for a residential land and building property in Basti Danishmanda, Jalandhar, Punjab. The auction will take place on November 18, 2025, starting at 10:00 AM and concluding at 4:00 PM. The reserve price for this auction is INR 911,000, with an Earnest Money Deposit (EMD) of INR 91,100 required to participate. This is a public auction, and interested bidders are advised to conduct their due diligence before participating.
Borrower Name:Mrs. Pinky Rani
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a decent area of Jalandhar and is available at a reasonable reserve price. The symbolic possession status and auction terms make it a calculated opportunity for interested buyers. This property is suitable for buyers comfortable with symbolic possession.
Contact Details
Branch:Branch Office : Zonal Office, Jalandhar
Service Provider:BAANKNET
Contact Details:
Contact no: —
