Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609623
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹2,78,69,000
EMD:₹2,78,700
Bid Increment:₹1,00,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:05.12.2025
Property Description
This offering presents a unique opportunity to acquire a substantial Land and Building asset in Mewat, Faridabad, Haryana. Suitable for residential purposes, this property is being auctioned by Punjab National Bank under the SARFAESI Act. The location in Mewat, Faridabad, offers potential for development and growth within the Haryana region.
State:Haryana
City:Faridabad
Area:Mewat.
Asset Category:Residential
Full Address:Sanatan Dharam Mewat Educational Society, Sohna, Village - Rewali, Firozpur Jhirka, Mewat, Nuh, Rewali, Firozpur Jhirka, Mewat
Building/Society:Sanatan Dharam Mewat Educational Society, Sohna
Size:1.9 Acre
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Mewat, Faridabad, Haryana. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price is set at 2,78,69,000.00, with an Earnest Money Deposit (EMD) of 2,78,700.00 required to participate. This auction presents a significant investment prospect in the residential asset category.
Borrower Name:M/s Sanatan Dharam Mewat Education Society
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property represents a calculated opportunity due to its location in Mewat, the size of the land, and the established educational infrastructure. While not a prime investment, the reserve price and potential for educational use justify a closer look for investors familiar with the local market.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Deepshikha Singh
Contact no:9953494313
