Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612599
Bank Name:Punjab National Bank
Branch Name:ARMB JALANDHAR
Reserve Price:₹9,00,000
EMD:₹90,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
Discover a prime land parcel in Nakodar, Jalandhar, Punjab, offered by Punjab National Bank. This residential asset presents a unique opportunity for development or investment in a growing region. The property is situated in a well-connected area, making it an attractive prospect for discerning buyers. Don't miss this chance to acquire valuable land in a sought-after location.
State:Punjab
City:Jalandhar
Area:Nakodar
Asset Category:Residential
Full Address:Village Sharkpur H.B No. 24, Tehsil Nakodar, District Jalandhar, Nakodar, Jalandhar
Size:5 Marla
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land parcel in Nakodar, Jalandhar, Punjab. The auction will commence on December 5, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price is set at ₹9,00,000, with an EMD of ₹90,000 required to participate. This is a direct opportunity to bid on a residential land asset.
Borrower Name:Mrs. Poonam Joshi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a 5 Marla land in Nakodar, Jalandhar, presents a calculated opportunity due to its location and relatively lower reserve price. While it requires careful assessment of local market conditions, the land's physical possession status and bank auction terms make it a worthwhile consideration for investors seeking to diversify their portfolio.
Contact Details
Branch:Branch Office : ARMB JALANDHAR
Service Provider:Public Auction
Contact Details:
Contact no: —
