Plot for Auction Maharajpur Jabalpur 48.9 Lakh by Punjab National Bank 16 Jun 2026
Maharajpur, Jabalpur
Area: 2400 Sq.ft
Plot no. 172 of Khasra no. 185, Mouza Kandrakheda, NB no. 555, PH no. 21, RI Maharajpur Katni Road, Jabalpur (M.P.)
Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹48,87,000
EMD ₹4,88,700
Auction date
16 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2400 Sq.ft
- ▸Locality: Maharajpur
- ▸Reserve: ₹48,87,000
- ▸EMD: ₹4,88,700
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Maharajpur |
| Built-up / plot area | 2400 Sq.ft |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Unit / flat no. | 172 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Maharajpur, Jabalpur by Punjab National Bank — reserve price ₹48,87,000, 2400 Sq.ft, Symbolic possession.
Bank auction property! This is a prime plot located in Maharajpur, Jabalpur. The property is a plot with area of 2400 sq.ft. and is available through e-auction with Punjab National Bank. The reserve price for this plot is ₹4887000.0, with an EMD of ₹488700.0. The e-auction date is scheduled for 2026-06-16. This bank auction property offers a great investment opportunity in a developing locality.
GeoSquare note: The property is a plot in Maharajpur, Jabalpur, with a reasonable reserve price. The symbolic possession may delay immediate use and realization of full potential, and further due diligence is needed regarding any potential encumbrances. While the location holds promise, the investment carries moderate risk due to the posession status, but may be viable depending on local market conditions and long-term development plans.
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