Property for Auction in Derabassi, SAS Nagar, Punjab
Auction ID:540950
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹27,00,000
EMD:₹2,70,000
Service Provider:BAANKNET
Submission Date:29-07-2025 03:03 PM
Bid Start Date:30-07-2025 12:00 PM
Residential land measuring 0 Bighas 01 Biswas 15½- Biswasi (88.65 square Yards 21'-5"x 37'-3") comprised in Khewat/Khetauni No. 51/104, Khasra No. 175(5-0), 176(5-0), kite-2, Rakba 10 Bighas 00 Biswas, its 35 1/2/4000-share which is equal to 00-bighas 01 Biswas 15½-Biswansi land as per Jamabandi for the year 2015-16, Situated at 151, Palm City, Village Sadhemajra, Hadbast No.12, Tehsil Dera Bassi, District SAS Nagar Mohali, Standing in the name of Mr . Rajneesh Kumar vide sale Deed Bearing Document No. 2019-20/14/1/3172 dated 01.10.2019. Boundaries: East-Road (21 Feet 5 inch), West-Plot No. 446 (21 Feet 5 inch), North - Plot No.150 (37 Feet 3 inch), South - Plot No. 152-(37 Feet 3 inch). Possession Type: Symbolic.
State:Punjab
City:SAS Nagar
Area:Derabassi
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a residential land property located in Derabassi, SAS Nagar, Punjab. The property, identified as residential property no. 151, measures approximately 88.65 square yards (21'-5"x 37'-3") and is comprised in Khewat/Khetauni No. 51/104, Khasra No. 175(5-0), 176(5-0). It is situated at 151, Palm City, Village Sadhemajra, Hadbast No.12, Tehsil Dera Bassi. The land stands in the name of Mr. Rajneesh Kumar. The boundaries are: East - Road (21 Feet 5 inch), West - Plot No. 446 (21 Feet 5 inch), North - Plot No.150 (37 Feet 3 inch), South - Plot No. 152 (37 Feet 3 inch). The possession type is symbolic. The auction has a reserve price of 2,700,000.0 and an EMD of 270,000.0. The auction will be conducted by BAANKNET on behalf of Union Bank of India, Asset Recovery Branch. The auction starts on July 30, 2025, at 12:00 PM and ends on July 30, 2025, at 05:00 PM. Application submission deadline is July 29, 2025, at 03:03 PM. For further details, contact Mob. No. 83760-02606.
Borrower Name:Mr. Rajneesh Kumar
Auction Type:SARFAESI Auction
Contact Mob. No. 83760-02606