Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609502
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹27,38,000
EMD:₹2,73,800
Bid Increment:₹25,000
Auction Time:11:00 HRS to 16:00 HRS
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This auction features a valuable land and building asset located in Phul, Bathinda, Punjab. The property is categorized as residential and is being auctioned by the State Bank of India under SARFAESI regulations. It represents an excellent opportunity for investment in a developing area.
State:Punjab
City:Bathinda
Area:Phul
Asset Category:Residential
Full Address:Opp. Lions Club Wali Gali, Near Goyal Children's Hospital, Rampura Phul, Tehsil Phul, Distt. Bathinda, Rampura Phul, Bathinda
Size:208.33 Sq. Yds
Auction Description
State Bank of India is conducting a SARFAESI auction for a land and building property in Phul, Bathinda. The auction begins on November 19, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price is set at ₹27,38,000, with an Earnest Money Deposit (EMD) of ₹2,73,800 required to participate. This auction offers a chance to acquire a significant asset from M/s Amar Enterprises.
Borrower Name:M/s Amar Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Satpal Gupta, Smt Naresh Rani
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial land and building in Rampura Phul, presenting a calculated opportunity for investors. The reserve price appears reasonable, considering the location and size. Prospective buyers should conduct due diligence and assess the local market before bidding.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Vikas Kumar Chaurasiya (C.L.O)
Contact no:9779075339
