Land And Building for auction Rangwasa Indore 72 lakh Punjab National Bank

Property for Auction in Rangwasa Tehsil, Indore, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
1100.00 Sq. Ft.
Reserve Price
71,75,000
Reserve Price
71,75,000
EMD Required
7,17,500
Property Specifications
Society/BuildingTreasure Fantasy, Sector-G (Treasure Greens)
Size1100.00 Sq. Ft.
Unit No.86
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Rangwasa Tehsil, Indore
Auction Date IconAuction Date:
17-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613041

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:71,75,000

EMD:7,17,500

Bid Increment:25,000

Auction Time:11:00 a.m. to 5:00 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:16-12-2025 05:00 PM

Bid Start Date:2025-12-17

Property Description

This auction features a valuable piece of land with an existing building, located in the Rangwasa Tehsil of Indore, Madhya Pradesh. The property, offered by Punjab National Bank under SARFAESI, presents a significant opportunity for investment or personal use in a developing area. It is categorized as residential and is being auctioned as part of a SARFAESI process. The property is situated in a region known for its growing infrastructure and potential. Don't miss this chance to acquire a notable asset in Indore.

State:Madhya Pradesh

City:Indore

Area:Rangwasa Tehsil

Asset Category:Residential

Full Address:86, Treasure Fantasy, Sector-G (Treasure Greens), House Building on plot no. 86, Sector-G (Treasure Greens), of Treasure Fantasy, CAT-Rau Road, Rangwasa, District-Indore, (M.P), Rangwasa, Indore

Building/Society:Treasure Fantasy, Sector-G (Treasure Greens)

Size:1100.00 Sq. Ft.

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Rangwasa Tehsil, Indore, Madhya Pradesh. The auction will take place on December 17, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this residential asset is ₹71,75,000, with an Earnest Money Deposit (EMD) of ₹7,17,500 required to participate. This is a direct opportunity to bid on a property formerly held by Smt. Neha Sen. Secure your chance to own this property by registering and participating in the online auction.

Borrower Name:Smt. Neha Sen

Auction Type:SARFAESI Auction

Guarantor Names:M/s Indushree Ke Namkeen

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property, a land and building in Rangwasa, Indore, is being offered at auction. While the location has potential, the symbolic possession status introduces a degree of risk. At the reserve price, further due diligence is recommended before bidding.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Shri Binit Kumar

Contact no:0755-2550020/9557822211

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