Property for Auction in Sagar, Sagar, Madhya Pradesh
Auction ID:465607
Bank Name:Punjab National Bank
Branch Name:Circle Sastra Centre
Reserve Price:₹2,91,87,000
EMD:₹29,19,000
Service Provider:BAANKNET
Submission Date:27-03-2025 05:00 PM
Bid Start Date:28-03-2025 11:00 AM
The property is a plot of land situated in Sidguwan Industrial Area, Sagar, Madhya Pradesh. It comprises Plot No. 9, 10, and a portion of Plot No. 11, covering a total area of 11056.08 Sq.Mtr. An additional 3500 Sq.Mtr portion of Plot 11 is also included. The land is leased by MPIDC. The property is bordered by Plot No. 8 & 12 to the east, a road and MPEB Sub Station to the west, open land for truck parking to the north, and the MPIDC Service Road to the south. The lease was granted by MPIDC to Mrs. Harsha Kukreja (M/s PG Industries).
State:Madhya Pradesh
City:Sagar
Area:Sagar
Asset Category:Residential
This auction features a plot of land located at Plot No. 9, 10, and part of 11 in the Sidguwan Industrial Area, Sagar, Madhya Pradesh. The total area measures 11056.08 Sq.Mtr, with an additional part of Plot 11 measuring 3500 Sq.Mtr. The property is leased by MPIDC. The boundaries are defined as East by Plot No. 8 & 12, West by a road and then MPEB Sub Station, North by open land for truck parking, and South by the MPIDC Service Road. The property was leased by MPIDC to Mrs. Harsha Kukreja (M/s PG Industries). This is a SARFAESI Auction conducted by Punjab National Bank with a reserve price of 29,187,000.00 and an EMD of 2,919,000.00. The auction will be held on March 28, 2025, from 11:00 AM to 5:00 PM.
Borrower Name:M/s PG Industries
Auction Type:SARFAESI Auction
Contact Auth. Officer: Shri Binit Kumar | Phone No. 0755-2550020/9557822211