Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609588
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹5,11,29,000
EMD:₹51,12,900
Bid Increment:₹50,000
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 auction features a valuable piece of land and building located in Mauja- Jatola, Palwal, Haryana. Classified under the residential asset category, this property offers significant potential. The location in Palwal, a developing district in Haryana, makes it an attractive investment. The property is being auctioned by Punjab National Bank under the SARFAESI Act.
State:Haryana
City:Palwal
Area:Mauja- Jatola
Asset Category:Residential
Full Address:Village Jatola, Post Office Asaoti situated nearby Dee Development IInd Plant, District Palwal - 121102, Jatola, Palwal
Size:270 Sq. Yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a prime land and building property in Mauja- Jatola, Palwal, Haryana. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this asset is ₹5,11,29,000, with an Earnest Money Deposit (EMD) of ₹51,12,900 required to participate. This is an excellent opportunity to acquire a significant property in a growing region.
Borrower Name:Mis Shiv Hardware and Engg Works
Auction Type:SARFAESI Auction
Guarantor Names:Bishan Singh, Bishan Singh S/o Sh. Ami Chand
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known/
Why This Property
The property, a land and building in Jatola, Palwal, presents a calculated opportunity due to its location and potential for development. The reserve price is substantial, requiring thorough due diligence. Symbolic possession suggests possible delays, influencing the investment's risk profile.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Deepshikha Singh, Chief Manager
Contact no:9953494313
