Property for Auction in Gohargani, Raisen, Madhya Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612869
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹82,80,000
EMD:₹8,28,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This offering presents a valuable parcel of land located in Gohargani, Raisen, Madhya Pradesh. The property is categorized as residential and is being auctioned by Punjab National Bank under the SARFAESI Act. Ideal for development or investment, this land offers a prime opportunity in a developing region. The surrounding area provides a conducive environment for residential projects. Don't miss this chance to acquire a significant land asset.
State:Madhya Pradesh
City:Raisen
Area:Gohargani
Asset Category:Residential
Full Address:Khasra No. 169/1/1/1, Patwari Halka No. 16, Gram-Pipaliya Lourka, Tehsil Goharganj, Dist-Raisen, Goharganj, Raisen
Size:1.32 acre
Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Gohargani, Raisen, Madhya Pradesh. The auction is scheduled for November 26, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this asset is ₹82,80,000, with an Earnest Money Deposit (EMD) of ₹8,28,000 required. This is a direct opportunity to bid on a property previously owned by M/s. L L Prajapati & Sons. Secure your participation in this significant real estate event.
Borrower Name:M/s. L L Prajapati & Sons
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The land offers potential due to its size and location in Goharganj, but the symbolic possession and auction terms necessitate careful evaluation. The reserve price seems reasonable, but further due diligence is advised given it's not a prime urban location. It's a calculated risk worth considering for those familiar with the area.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020