Representative illustration — Plot bank auction in Maharajpur
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Fair Option

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

PossessionSymbolic
Property typePlot · Residential
LocalityMaharajpur
Built-up / plot area2400 Sq.ft
LenderPunjab National Bank
BranchASSET RECOVERY MANAGEMENT BRANCH
Unit / flat no.172
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

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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