Land for auction Goharganj Raisen 83 lakh Punjab National Bank

Property for Auction in Gohargani, Raisen, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
1.32 acre
Reserve Price
82,80,000
Reserve Price
82,80,000
EMD Required
8,28,000
Property Specifications
Size1.32 acre
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Gohargani, Raisen
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:25-11-2025 05:00 PM

Bid Start Date:2025-11-26

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Shri Binit Kumar

Contact no:0755-2550020

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