Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613727
Bank Name:HDFC Bank
Branch Name:Regional Office
Reserve Price:₹29,00,000
EMD:₹2,90,000
Bid Increment:₹10,000
Auction Time:10.30AM to 11.00AM
Service Provider:BidDeal.in
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-06
Property Description
This is a valuable residential plot located in the prime area of Baghapurana, Moga, Punjab. The property is part of a SARFAESI auction conducted by HDFC Bank on behalf of the borrower, MR. MANOJ KUMAR. This is a great opportunity to acquire a plot in a developing region with potential for future growth. The plot is suitable for building a home or for investment purposes.
State:Punjab
City:Moga
Area:Baghapurana
Asset Category:Residential
Full Address:B-4/3512, B-4/3512 measuring 6-½ Marla or 162 sq mts, situated at Mari Mustafa, Baghapurana Purana Patti, Tehsil Baghapurana District Moga, Baghapurana, Moga
Size:162 sq mts
Auction Description
HDFC Bank is conducting a SARFAESI auction for a residential plot in Baghapurana, Moga, Punjab. The auction will take place on December 6, 2025, from 10:30 AM to 11:00 AM. The reserve price for this property is INR 29,00,000, with an Earnest Money Deposit (EMD) of INR 2,90,000 required to participate. This auction presents a unique chance to purchase a property in a desirable location at a competitive price. Interested bidders are advised to review all auction terms and conditions provided by HDFC Bank.
Borrower Name:MR. MANOJ KUMAR
Auction Type:SARFAESI Auction
Guarantor Names:MRS. SEEMA RANI, M/S MINTU KARYANA STORE
Legal Details
Possession Status:Physical
Encumbrance Details:The Borrower(s) / Mortgagor(s) listed at Sr. No. 1 above has filed a Securitization Application against HDFC, before the Hon'ble Debt Recovery Tribunal-3, Chandigarh, and the above litigation is pending. The sale of this Unit listed at Serial No. 1 shall be subject to the final outcome of and/or orders, directions etc.
Why This Property
The property is a plot in a developing area, offered at a reasonable price with a physical possession status. However, the presence of pending litigation related to a Securitization Application introduces some risk. A calculated approach is recommended, considering the potential appreciation in value against the legal uncertainty.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BidDeal.in
Contact Details:
Contact no:9266604643
