Property for Auction in Salempur, Aligarh, Uttar Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612308
Bank Name:Punjab National Bank
Branch Name:ARMB : BARELLY
Reserve Price:₹83,93,000
EMD:₹8,39,300
Bid Increment:₹20,000
Auction Time:11:00 AM to 16:00 PM
Service Provider:BAANKNET
Submission Date:26-11-2025 10:00 AM
Bid Start Date:2023-11-26
This is a prime plot of Non-Agricultural Land located in Salempur, Aligarh, Uttar Pradesh. The property is categorized as Residential and is being auctioned by Punjab National Bank under the SARFAESI Act. It presents a significant opportunity for development or investment in a growing area. The land is situated in a well-connected locality, making it an attractive prospect for future endeavors. Its dimensions and exact location details are available for interested parties.
State:Uttar Pradesh
City:Aligarh
Area:Salempur
Asset Category:Residential
Full Address:Gata No 323, village shahvajpur Daulat, Salempur, Aligarh, Uttar Pradesh, Salempur, Aligarh
Size:0.1580 hectare
Punjab National Bank is conducting an online SARFAESI auction for Non-Agricultural Land in Salempur, Aligarh, Uttar Pradesh. The auction is scheduled for November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price for this Residential property is ₹83,93,000, with an Earnest Money Deposit (EMD) of ₹8,39,300. This auction offers a transparent and competitive bidding process for prospective buyers. All necessary documentation and terms and conditions are available on the bank's auction portal.
Borrower Name:M/s Demzel Milk
Auction Type:SARFAESI Auction
Guarantor Names:Jyoti W/o Sandeep Kumar, Sandeep Kumar, Rakesh Kumar
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property represents a calculated opportunity given its location and type, with the potential for agricultural or development use. The reserve price seems reasonable, but further due diligence regarding local market rates is advised before bidding. Symbolic possession indicates possible complexities that need investigation.
Branch:Branch Office : ARMB : BARELLY
Service Provider:BAANKNET
Contact Details:
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