Land And Building for auction Jhilmili Chhindwara 2 Cr Punjab National Bank

Property for Auction in Chourai, Chhindwara, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
0.501 Hect
Reserve Price
1,78,96,000
Reserve Price
1,78,96,000
EMD Required
17,89,600
Property Specifications
Society/Building
Size0.501 Hect
Unit No.
Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Chourai, Chhindwara
Auction Date IconAuction Date:
26-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:602800

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:1,78,96,000

EMD:17,89,600

Bid Increment:10,000

Auction Time:12:00 p.m. to 05:30 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-26

Bid Start Date:2025-11-26

Property Description

This SARFAESI auction presents a prime opportunity to acquire a Land and Building asset in Chourai, Chhindwara, Madhya Pradesh. The property, formerly held by Smt Aradhna Dikshit, is categorized as Residential. Located in the bustling area of Chourai, this asset offers significant potential for development or personal use. The auction is being conducted by Punjab National Bank.

State:Madhya Pradesh

City:Chhindwara

Area:Chourai

Asset Category:Residential

Full Address:Mouza Jhilmili, B.No.110, PH.No.21, Khasra No. 449/1/2/1/2 and Khasra No.449/1/2/2, RNM & Tehsil Choural, Jhilmili, Chhindwara

Size:0.501 Hect

Auction Description

Punjab National Bank is holding a SARFAESI auction for a Land and Building property in Chourai, Chhindwara, Madhya Pradesh. The auction will commence on November 26, 2025, at 12:00 PM and conclude at 05:30 PM on the same day. The reserve price for this residential asset is ₹1,78,96,000.00, with an Earnest Money Deposit (EMD) of ₹17,89,600.00 required to participate. This is a unique chance to invest in a valuable property through a transparent auction process.

Borrower Name:Smt Aradhna Dikshit

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property presents a reasonable investment opportunity due to its location on the main road and commercial diversion. However, the relatively high reserve price and symbolic possession warrant careful consideration. Further due diligence is advisable before bidding.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Contact no: —

Discover Similar Auctions

Videos