Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609589
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹81,00,000
EMD:₹8,10,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This auction features a plot of land in Nangal Chaudhary, Mahendragarh, Haryana, offered by Punjab National Bank. The property is categorized as residential land and is part of a SARFAESI auction. This is a prime opportunity to acquire land in a developing area.
State:Haryana
City:Mahendragarh
Area:Nangal Chaudhary
Asset Category:Residential
Full Address:Village-Gangutana, tehsil -Nangal Choudhary, Distt-Mahendragarh Haryana, Gangutana, Mahendragarh
Size:1815 Sq gaj
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Nangal Chaudhary, Mahendragarh, Haryana. The reserve price for this auction is ₹81,00,000, with an Earnest Money Deposit (EMD) of ₹8,10,000. The auction will take place on November 26, 2025, commencing at 11:00 AM and concluding at 4:00 PM. This auction is for the property associated with borrower M/S HAND H TRADERS.
Borrower Name:M/S HAND H TRADERS
Auction Type:SARFAESI Auction
Guarantor Names:Smt. JYOTI YADAV w/o Sh. Dharmender Yadav, Smt. Suman Yadav w/o Sh Samay Singh Yadav
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land offers potential in a developing area of Haryana. The reserve price seems reasonable given the size, but prospective buyers need to verify land demarcation and development potential. It's a calculated opportunity suitable for investors with local market expertise.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Praveen Sammi
Contact no:8527977711
