Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613072
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹16,82,000
EMD:₹1,68,200
Bid Increment:₹20,000
Auction Time:11:00 AM TO 16:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:05-12-2025 05:00 PM
Bid Start Date:2025-05-12
Property Description
This is a residential plot located in the Sadar area of Shahjahanpur, Uttar Pradesh. The property is being auctioned by Punjab National Bank as part of a SARFAESI auction. This is a great opportunity to acquire land in a well-established locality. The plot is suitable for residential development.
State:Uttar Pradesh
City:Shahjahanpur
Area:Sadar.
Asset Category:Residential
Full Address:D-22, Part of Khasra No. 279/5, Plot No. D-22 (Part of seller) Chaudhera Bangar Tehsil Sadar District Shahjahanpur, Chaudhera Bangar, Shahjahanpur
Size:107.34 Sqm
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Sadar, Shahjahanpur, Uttar Pradesh. The auction will commence on December 5, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this property is INR 16,82,000, with an Earnest Money Deposit (EMD) of INR 1,68,200. This is a prime opportunity for interested buyers to participate in the bidding process.
Borrower Name:Mr. Madan Pal
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rajesh Kumar, Mr. Anand Kumar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Shahjahanpur and the availability of a residential plot. The reserve price and EMD are relatively reasonable, making it accessible to a range of potential buyers. However, further due diligence is recommended regarding the location and potential for appreciation before making a final decision.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no:9934099810
