Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610892
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹19,30,000
EMD:₹1,93,000
Bid Increment:₹50,000
Auction Time:11:00 to 16:00
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential plot located in Chandpur, Bijnor, Uttar Pradesh. The property is being auctioned by Punjab National Bank. It's an opportunity to acquire land in a developing area, suitable for residential construction. The plot is part of a SARFAESI auction, indicating it's being sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.
State:Uttar Pradesh
City:Bijnor
Area:chandpur
Asset Category:Residential
Full Address:New Abadi Chhetra, Near Sagar Cold Store Chandpur, Distt- Bijnor, (UP), Chandpur, Bijnor
Size:66.89 sq. mtrs
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Chandpur, Bijnor, Uttar Pradesh. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this property is ₹19,30,000, with an Earnest Money Deposit (EMD) of ₹1,93,000. This is a significant opportunity for interested buyers to participate in the bidding process for this asset.
Borrower Name:Sh. Akeel Ahmad
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Mahendra Sharma
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area. The reserve price is reasonable given the location, but potential investors should carefully assess the development prospects and conduct due diligence on the property's legal standing before bidding.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Mr. Sunil Verma
Contact no:+917080802460
