Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609892
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹10,30,000
EMD:₹1,03,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 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 SARFAESI auction for a Land and Building property located in Tehsil-Sadar, Varanasi, Uttar Pradesh. The property is categorized as Residential and was formerly owned by Mr. Shabuddin Khan. It is being auctioned by Punjab National Bank.
State:Uttar Pradesh
City:Varanasi
Area:Tehsil- Sadar
Asset Category:Residential
Full Address:S 10/201 M-K-2, part portion of S 10/201 M-K-2, Mauza Hukulganj ward-sikraul, Pargana Shivpur, Tehsil-Sadar, Dist-Varanasi, Hukulganj, Varanasi
Size:33.45 sq.mt
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Residential Land and Building in Tehsil-Sadar, Varanasi. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this auction is ₹10,30,000.00, with an Earnest Money Deposit (EMD) of ₹1,03,000.00 required to participate.
Borrower Name:Mr Shabuddin Khan
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property offers a moderate investment opportunity due to its location in Varanasi and residential nature. The reserve price is relatively reasonable, but potential investors should carefully consider the property's size and construction details. Further due diligence is recommended to assess the local market conditions and property value.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Sri Hridayesh Kumar Singh
Contact no:8887721583
