Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:613344
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹38,87,000
EMD:₹3,88,700
Bid Increment:₹20,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This auction presents a valuable plot of land located in Mohali, Punjab, offered by Punjab National Bank. Situated in the well-developed area of Mohali, this residential land presents a promising opportunity for development or investment. The property is being auctioned under the SARFAESI Act, ensuring a transparent and regulated sale process. It's an ideal chance to acquire land in a prime location within Punjab.
State:Punjab
City:Mohali
Area:Mohali
Asset Category:Residential
Full Address:Khata No 130/142 Khasra No 3980(2-10), Morinda, Mohali
Size:5 Biswa
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Mohali, Punjab. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this property is ₹38,87,000, with an Earnest Money Deposit (EMD) of ₹3,88,700 required to participate. This is a direct opportunity to bid on a bank-auctioned property, previously owned by Mr. Sh. Harpreet Singh.
Borrower Name:Mr Sh. Harpreet Singh
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Kawaljit Kaur, Karanjeet Singh, Balkar Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is land in Mohali, a developing area, offered at a reasonable reserve price. While the location adds potential, the limited information and symbolic possession status suggest a 'Calculated Opportunity' requiring thorough due diligence before bidding.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
