Property for Auction in Huzur, Bhopal, Madhya Pradesh
Auction ID:564393
Bank Name:Punjab National Bank
Branch Name:Circle Sastra Circle-Bhopal
Reserve Price:₹48,00,000
EMD:₹4,80,000
Service Provider:BAANKNET
Submission Date:06-09-2025 05:00 PM
Bid Start Date:08-09-2025 11:00 AM
This offering is for a residential plot situated in the Huzur area of Bhopal, Madhya Pradesh. The property was formerly mortgaged to Punjab National Bank by the late Shri Rakesh Singh. As a plot, it presents a blank canvas for development, suitable for building a home or for investment purposes. Located in Bhopal, a rapidly developing city, this asset is part of a SARFAESI auction, providing a chance to acquire real estate directly from the bank.
State:Madhya Pradesh
City:Bhopal
Area:Huzur
Asset Category:Residential
Punjab National Bank is holding a SARFAESI auction for a residential plot located in Huzur, Bhopal, Madhya Pradesh. The auction will commence on September 8, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this property is INR 48,00,000, with an Earnest Money Deposit (EMD) of INR 4,80,000 required to participate. This is an excellent opportunity to acquire a property in a desirable location through a transparent bank auction process.
Borrower Name:Late Shri Rakesh Singh
Auction Type:SARFAESI Auction
Contact no:0755-2550020