Property for Auction in Khandwa, Indore, Madhya Pradesh
Auction ID:459184
Bank Name:Punjab National Bank
Branch Name:Circle Sastra Centre
Reserve Price:₹7,13,64,000
EMD:₹71,37,000
Service Provider:BAANKNET
Submission Date:18-03-2025 05:00 PM
Bid Start Date:19-03-2025 11:00 AM
Land located at khasra No. 616/3 Gram Emagird, Khandwa-Amravati Road, Ward no 02, Burhanpur (M.P). Area: 76207 Sq. Ft. Boundaries: East: Main Road, West: Nala, North: Remaining land of Swan singh & Mahendrapal singh, South: Property of Moolchand Chhoteram. Owned by Smt. Narendra Kaur W/o Shri Gurucharan Singh Bindra (deceased) through her legal heirs. The property is classified as Residential and is being auctioned under SARFAESI. The land use was changed from commercial to agriculture without bank consent.
State:Madhya Pradesh
City:Indore
Area:Khandwa
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for a piece of land located at khasra No. 616/3 Gram Emagird, Khandwa-Amravati Road, Ward no 02, Burhanpur (M.P). The property spans 76207 Sq. Ft. and is situated in Khandwa, Indore, Madhya Pradesh. The land's boundaries are: East: Main Road, West: Nala, North: Remaining land of Swan singh & Mahendrapal singh, South: Property of Moolchand Chhoteram. The land was formerly owned by Smt. Narendra Kaur and is now represented by her legal heirs: Smt. Surendra Kaur, Smt. Jaspal Kaur Keer, Sh. Dilip Singh Bindra, Shri. Amarjeet Singh, Shri. Manmohan Singh, Shri. Manjeet Singh, Shri. Mahendra Pal Singh and Shri Swarnajeet Singh. There are pending cases SA No. 420/2023 & 385/2023 at DRT Jabalpur. The borrower, M/s Satkartar Agro Food Industries, changed the land use from commercial to agriculture without the bank's consent, leading to the dismissal of the diversion order by the DM on 14.08.2024. The reserve price is ₹7,13,64,000.00 and the Earnest Money Deposit (EMD) is ₹71,37,000.00. The auction will be conducted by BAANKNET on 19-03-2025 from 11:00 AM to 4:00 PM. The application submission deadline is 18-03-2025 by 5:00 PM. For inquiries, contact Mob. 8866678833, 9111401110 or E-Mail: [email protected].
Borrower Name:M/s Satkartar Agro Food Industries
Auction Type:SARFAESI Auction
Contact Mob. 8866678833, 9111401110 E-Mail: [email protected]