Property for Auction in gwalior, Gwalior, Madhya Pradesh
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612345
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹20,35,000
EMD:₹2,03,500
Bid Increment:₹25,000
Auction Time:1.00 to 5.00 pm
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This is a bank auction for a prime piece of land located in Gwalior, Madhya Pradesh. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is categorized as residential land, offering a great opportunity for development or investment. The land is situated in a key area of Gwalior, making it an attractive prospect for buyers. Don't miss this chance to acquire valuable real estate.
State:Madhya Pradesh
City:Gwalior
Area:gwalior
Asset Category:Residential
Full Address:Part of Land Survey No. 1612/3min-1 Patwari Halka no. 04, Ri Circle-4, Ward-15 Situated at Rani Durgawati, Nagar Panchayat Aantri, Railway station Road, Teh-Chinore, Rani Durgawati, Nagar Panchayat Aantri, Gwalior
Size:0.111 Hectare
Punjab National Bank is conducting an SARFAESI auction for a residential land parcel in Gwalior, Madhya Pradesh. The auction will take place on November 26, 2025, starting at 01:00 PM and concluding at 05:00 PM. The reserve price for this valuable land is ₹20,35,000, with an Earnest Money Deposit (EMD) of ₹2,03,500 required to participate. This is a significant opportunity to acquire property through a transparent bank auction process. Ensure you are prepared to bid.
Borrower Name:M/s. Santosh Recycle Industries
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property, a plot of land in Gwalior, offers potential but requires careful consideration due to its location and 'as is where is' sale condition. The reserve price is moderate, and the location near Rani Durgawati can be an advantage. However, the auction terms necessitate a thorough assessment before bidding.
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Shri Ramesh Chandra Dhangar
Contact no:0755-2550020