Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609124
Bank Name:Punjab National Bank
Branch Name:SAMB CHANDIGARH
Reserve Price:₹23,57,000
EMD:₹2,36,000
Bid Increment:₹1,00,000
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 is a residential plot located on Makhu Road in Firozpur, Punjab. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is a prime plot offering a great opportunity for development or investment in a developing area.
State:Punjab
City:Firozpur
Area:Makhu Road
Asset Category:Residential
Full Address:Makhu Road, Mallanwala, Makhu Road, Firozpur
Size:57 marla
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential plot in Firozpur, Punjab. The auction will take place on November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price is INR 23,57,000, with an Earnest Money Deposit (EMD) of INR 2,36,000 required to participate. This auction presents a significant opportunity to acquire valuable real estate.
Borrower Name:M/s Mahadev Industries
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area. The reserve price seems reasonable for the size, and the auction terms are standard. It represents a calculated opportunity for buyers familiar with the local market.
Contact Details
Branch:Branch Office : SAMB CHANDIGARH
Service Provider:BAANKNET
Contact Details:
Shri Hari Singh Gumra
Contact no:9501011937
