Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609891
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹44,06,400
EMD:₹4,41,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-10-29
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction for a Land and Building property located in Sadar-, Jaunpur, Uttar Pradesh. The property is residential in nature and is being auctioned by Punjab National Bank. The borrower is M/s Cotton Park. This presents an opportunity to acquire a property in a well-known area of Jaunpur.
State:Uttar Pradesh
City:Jaunpur
Area:Sadar-
Asset Category:Residential
Full Address:Arazi No.505 Saloni Mahimapur, Pargana- Haveli, Tehsil Sadar, Saloni Mahimapur, Jaunpur
Size:2583.36 Sq.ft
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Sadar-, Jaunpur, Uttar Pradesh. The auction will take place on November 26, 2025, starting at 11:00 AM and ending at 04:00 PM on the same day. The reserve price is INR 44,06,400, with an Earnest Money Deposit (EMD) of INR 4,41,000 required to participate. This is a significant opportunity for interested buyers to bid on this residential property.
Borrower Name:M/s Cotton Park
Auction Type:SARFAESI Auction
Guarantor Names:Shri Virendra Yadav S/o Lt. Ramraj Yadav, Smt. Durgawati Devi W/o Virendra Yadav
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property offers a decent opportunity given its location in Sadar, Jaunpur. While the price seems reasonable, potential buyers should thoroughly investigate the property's condition and legal standing. Considering the terms of the auction and market conditions, it is a calculated risk with moderate potential.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Sri Hridayesh Kumar Singh
Contact no:8887721583
