Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609126
Bank Name:Punjab National Bank
Branch Name:SAMB CHANDIGARH
Reserve Price:₹9,10,000
EMD:₹91,000
Bid Increment:₹20,000
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 residential plot located on Makhu Road in Firozpur, Punjab. The property is being auctioned by Punjab National Bank. Ideal for residential development, this plot offers a prime location within the city. Exact plot dimensions and further details will be available in the official auction notice.
State:Punjab
City:Firozpur
Area:Makhu Road
Asset Category:Residential
Full Address:Makhu Road, Mallanwala, Makhu Road, Firozpur
Size:22 Marla
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Firozpur, Punjab, on Makhu Road. The bidding process will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this auction is ₹9,10,000, with an Earnest Money Deposit (EMD) of ₹91,000 required to participate. Don't miss this opportunity to acquire a valuable asset.
Borrower Name:M/s Mahadev Industries
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in Firozpur, offered at a relatively low reserve price. While the location might not be prime, the price point and clear auction terms offer a calculated investment opportunity. However, further due diligence is recommended regarding local market conditions before bidding.
Contact Details
Branch:Branch Office : SAMB CHANDIGARH
Service Provider:BAANKNET
Contact Details:
Contact no: —
