Land for auction Kotarkhana Yamunanagar 88 lakh Bank of India

Property for Auction in Jagadhri, Yamunanagar, Haryana

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Reserve Price
88,19,000
Reserve Price
88,19,000
EMD Required
8,81,900
Property Specifications
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Jagadhri, Yamunanagar
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:611001

Bank Name:Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:88,19,000

EMD:8,81,900

Bid Increment:1,00,000

Auction Time:11:00 A.M. to 5.00 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:24-11-2025 05:00 PM

Bid Start Date:2025-11-25

Property Description

This is a prime plot of land located in Jagadhri, Yamunanagar, Haryana. Offered by the Bank of India through a SARFAESI auction, this residential land presents a significant investment opportunity. The property is situated in a well-established area, offering potential for development or personal use. Its strategic location in Yamunanagar, a city known for its industrial and commercial activities, adds to its appeal. This land parcel is being auctioned as part of the recovery process for M/s Madan Lal & Co. Secure this valuable asset in Haryana.

State:Haryana

City:Yamunanagar

Area:Jagadhri

Asset Category:Residential

Full Address:Village Kotarkhana Tehsil Jagadhri Distt. Yamuna Nagar H.B. No. 366, Kotarkhana, Yamunanagar

Auction Description

The Bank of India is conducting an online SARFAESI auction for a valuable plot of land in Jagadhri, Yamunanagar, Haryana. The auction is scheduled to commence on November 25, 2025, at 11:00 AM and will conclude at 5:00 PM on the same day. The reserve price for this residential land is ₹88,19,000, with an Earnest Money Deposit (EMD) of ₹8,81,900 required to participate. This auction is a legal process initiated under SARFAESI Act for the recovery of dues from M/s Madan Lal & Co. Don't miss this chance to bid on a prime piece of land.

Borrower Name:M/s Madan Lal & Co

Auction Type:SARFAESI Auction

Guarantor Names:Smt. Pushpa Rani W/o Sh. Madan Lal

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property's location in Yamunanagar, combined with its agricultural use and existing rice mill, presents a viable opportunity. However, potential buyers should carefully assess the market value, operational costs, and any environmental regulations related to the rice mill before bidding. The reserve price appears reasonable, but due diligence is key.

Contact Details

Branch:Branch Office : Asset Recovery Branch

Service Provider:BAANKNET

Contact Details:

Mr. Rakesh Kumar

Contact no:9987048267

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