Land for auction Sidguwan Industrial Area Sagar 3 Cr Punjab National Bank

Property for Auction in Sagar, Sagar, Madhya Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
11056.08 Sq.Mtr
Reserve Price
3,44,58,000
Reserve Price
3,44,58,000
EMD Required
34,45,800
Property Specifications
Size11056.08 Sq.Mtr
Unit No.9,10, Part of 11
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Sagar, Sagar
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612870

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:3,44,58,000

EMD:34,45,800

Bid Increment:25,000

Auction Time:11:00 a.m. to 5:00 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:25-11-2025 05:00 PM

Bid Start Date:2025-11-26

Property Description

This offering features a prime plot of land located in Sagar, Madhya Pradesh, brought to you by Punjab National Bank. Ideal for development, this asset is part of a SARFAESI auction, presenting a unique opportunity for investors and developers in the region. The property is situated in a developing area of Sagar, offering potential for future growth and appreciation. Its classification as residential land suggests suitability for various residential projects.

State:Madhya Pradesh

City:Sagar

Area:Sagar

Asset Category:Residential

Full Address:9,10, Part of 11, Plot No. 9,10, Part of 11 at Sidguwan Industrial Area, Sagar, Distt-Sagar, Sidguwan Industrial Area, Sagar

Size:11056.08 Sq.Mtr

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a valuable parcel of land in Sagar, Sagar, Madhya Pradesh. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹3,44,58,000, with an Earnest Money Deposit (EMD) of ₹34,45,800 required to participate. This is a significant opportunity to acquire land in a key location through a transparent auction process managed by Punjab National Bank.

Borrower Name:M/s PG Industries

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property, an industrial land in Sagar, presents a calculated opportunity due to its location and size. With a moderate prime property score of 6.8, the recommendation is "Calculated Opportunity." While the industrial area location provides potential, a careful assessment of the market demand and specific site conditions is advised before investing.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Shri Binit Kumar

Contact no:0755-2550020

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