Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611126
Bank Name:Central Bank of India
Branch Name:Regional Office
Reserve Price:₹24,23,000
EMD:₹2,42,300
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This auction features a residential land and building property located in Tarn Taran, Amritsar, Punjab. The asset is associated with the borrower Mis Pawan Building Material. This is a prime opportunity to acquire real estate in a well-known area of Punjab.
State:Punjab
City:Amritsar
Area:Tarn Taran
Asset Category:Residential
Full Address:Chaar Khamba Road, Near Punjab & Sind Bank, Amritsar Road, Tarn Taran, Tarn Taran Zarai, Tarn Taran
Size:4 Marla
Auction Description
Central Bank of India is conducting a SARFAESI auction for a land and building property in Tarn Taran, Amritsar. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price is set at 24,23,000.00, with an Earnest Money Deposit (EMD) of 2,42,300.00 required to participate. This is a significant opportunity to bid on a valuable asset.
Borrower Name:Mis Pawan Building Material
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Pawan Kumar, Mr. Anil Gupta, Mr. Manmohan Gupta
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small land parcel with a building in a developing area, offered at a reasonable reserve price. While the location is not prime, the auction terms are standard, presenting a calculated opportunity for local investors familiar with the Tarn Taran market and its growth potential.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Piyush Tiwari
Contact no:99776-01800
