Property for Auction in Mhow, Indore, Madhya Pradesh
Auction ID:538673
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹72,42,000
EMD:₹7,25,000
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 11:00 AM
A piece of land located at Survey No. 659, Village Mhowgaon Tehsil-Mhow, Dist- Indore (MP). The area is approximately 0.149 Hectare (1495.378 Sq. Mtr.). Boundaries are East- Open Land, West- Open Land, North-Open Land, South Road.
State:Madhya Pradesh
City:Indore
Area:Mhow
Asset Category:Residential
This is a SARFAESI auction for a piece of land located in Mhow, Indore, Madhya Pradesh, by Punjab National Bank. The property is at Survey No. 659, with an area of approximately 1495.378 sq. mtr. The boundaries are East- Open Land, West- Open Land, North-Open Land, South Road. The property owner is Neha Porwal W/o Nitesh Powal and the borrower is M/s Jain Enterprises. The reserve price is 7242000.00 and the EMD is 725000.00. The auction will be conducted by BAANKNET and starts on 30-07-2025 at 11:00 AM and ends on 30-07-2025 at 05:00 PM. The application submission date is 29-07-2025 by 05:00 PM. For any inquiries, contact Shri Binit Kumar at 0755-2550020/9557822211.
Borrower Name:M/s Jain Enterprises
Auction Type:SARFAESI Auction
Contact Auth. Officer: Shri Binit Kumar Phone No. 0755-2550020/9557822211