Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612315
Bank Name:Punjab National Bank
Branch Name:ARMB : BARELLY
Reserve Price:₹63,00,000
EMD:₹6,30,000
Bid Increment:₹20,000
Auction Time:11:00 AM to 11:00 AM
Service Provider:BAANKNET
Important Dates
Submission Date:26-11-2025 10:00 AM
Bid Start Date:2023-11-26
Property Description
This is a land property located in Dibai, Bulandshahr, Uttar Pradesh. It is categorized as residential and is being auctioned by Punjab National Bank under the SARFAESI Act. The property was formerly associated with the borrower M/s DB Chicori Processing.
State:Uttar Pradesh
City:Bulandshahr
Area:Dibai
Asset Category:Residential
Full Address:Vill Indore Khera, Tehsil Dibai, Distt Bulandshahar, Dibai, Bulandshahr
Size:4120 Sq mtr
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Dibai, Bulandshahr, Uttar Pradesh. The auction has a reserve price of ₹63,00,000 and requires an Earnest Money Deposit (EMD) of ₹6,30,000. Bidding will take place on November 26, 2025, from 11:00 AM to 4:00 PM.
Borrower Name:M/s DB Chicori Processing
Auction Type:SARFAESI Auction
Guarantor Names:Digvijay Baghel S/o Mr Harbir Singh, Harbir Singh S/o Ganpat Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing area, offered at a reasonable reserve price. While the location might not be prime, the size and price point present a calculated opportunity for investors looking for agricultural or developmental prospects. Due diligence is advised due to the 'Symbolic' possession status.
Contact Details
Branch:Branch Office : ARMB : BARELLY
Service Provider:BAANKNET
Contact Details:
Contact no: —
