Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611072
Bank Name:Punjab & Sind Bank
Branch Name:Zonal Office : Gurdaspur
Reserve Price:₹4,00,000
EMD:₹40,000
Bid Increment:₹5,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential plot located in Gurdaspur, Punjab, offered by Punjab & Sind Bank through a SARFAESI auction. The property is situated in the Gurdaspur area, providing a potential opportunity for residential development or investment. The borrower for this asset was M/s Maan Commission Agent. The auction presents a chance to acquire a plot in a well-established region.
State:Punjab
City:Gurdaspur
Area:Gurdaspur
Asset Category:Residential
Full Address:Village Kot Budha Tehsil & Distt., Kot Budha, Gurdaspur
Size:5 marla
Auction Description
Punjab & Sind Bank is conducting a SARFAESI auction for a residential plot in Gurdaspur, Punjab. The auction will take place on November 20, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this property is ₹4,00,000, with an Earnest Money Deposit (EMD) of ₹40,000 required to participate. This is a direct opportunity to bid on a plot offered by the bank.
Borrower Name:M/s Maan Commission Agent
Auction Type:SARFAESI Auction
Guarantor Names:Paramjit Singh, Sukhdeep Singh, Kuldeep Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Gurdaspur offers a relatively low entry price point via auction. While it's a land asset, its potential depends heavily on local development and market trends. The symbolic possession suggests further due diligence is needed, making it a calculated opportunity.
Contact Details
Branch:Branch Office : Zonal Office : Gurdaspur
Service Provider:BAANKNET
Contact Details:
Contact no: —
