Property for Auction in Sagar, Sagar, Madhya Pradesh
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
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020