Land for Auction Royal Estate Affordable Housing Karala Banur Sas Nagar 35.7 Lakh by Punjab National Bank 13 Jul 2026
Royal Estate Affordable Housing, Karala, Banur, SAS Nagar
Area: 112.5 Sq. Yards
Plot No. 228, Royal Estate Affordable Housing, VPO Karala, Sub Tehsil Banur, Distt. SAS Nagar, Punjab
Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹35,70,000
EMD ₹3,57,000
Auction date
13 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 112.5 Sq. Yards
- ▸Locality: Royal Estate Affordable Housing, Karala, Banur
- ▸Reserve: ₹35,70,000
- ▸EMD: ₹3,57,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Royal Estate Affordable Housing, Karala, Banur |
| Built-up / plot area | 112.5 Sq. Yards |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Unit / flat no. | Plot No. 228 |
| Building / society | Royal Estate Affordable Housing |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Royal Estate Affordable Housing, Karala, Banur, SAS Nagar by Punjab National Bank — reserve price ₹35,70,000, 112.5 Sq. Yards, Symbolic possession.
Discover a valuable bank auction property: Plot No. 228, a residential land parcel measuring 112.50 Sq. Yards, located in the well-regarded 'Royal Estate Affordable Housing' colony at VPO Karala, Sub Tehsil Banur, District SAS Nagar, Punjab. This plot is being auctioned by Punjab National Bank with a competitive reserve price of ₹35,70,000. A golden opportunity for investors or homebuyers seeking a plot for sale near Chandigarh. The e-auction is scheduled for July 13, 2026, from 11:00 AM to 04:00 PM. The property is offered with symbolic possession and no known encumbrances to the bank. Ideal for building your dream home or as a long-term investment in a growing region. Secure your bid for this attractive bank auction plot today.
GeoSquare note: This residential plot presents a strong investment opportunity, located in the developing area of Banur, SAS Nagar, Punjab, offering proximity to Chandigarh. With a reasonable reserve price for 112.50 Sq. Yards and no known encumbrances, it holds good appreciation potential. While possession is symbolic, this is standard for bank auctions and should not deter serious buyers. The transparent auction process by Punjab National Bank adds to its appeal.
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