Plot for Auction Mangrul Nagpur 51.5 Lakh by Punjab National Bank 23 Jun 2026
Mangrul, Nagpur
Area: 2864 Sq. Mtrs.
Residential Plots No. 8, 9, 18, 19 & 79 to 88 (Total 14Plots), Mouza- Mangrul, P.S.K. No.- 73, Village- Mangrul
Punjab National Bank · SAMB, Mumbai
Reserve price
₹51,50,000
EMD ₹5,15,000
Auction date
23 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2864 Sq. Mtrs.
- ▸Locality: Mangrul
- ▸Reserve: ₹51,50,000
- ▸EMD: ₹5,15,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Mangrul |
| Built-up / plot area | 2864 Sq. Mtrs. |
| Lender | Punjab National Bank |
| Branch | SAMB, Mumbai |
| Unit / flat no. | 8, 9, 18, 19 & 79 to 88 |
| Building / society | Jagdamba Pride |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Mangrul, Nagpur by Punjab National Bank — reserve price ₹51,50,000, 2864 Sq. Mtrs., Symbolic possession.
Bank auction property! Grab the opportunity to own 14 residential plots in the 'Jagdamba Pride' layout at Mangrul, Nagpur. These plots, total admeasuring 2864 Sq. Mtrs., are being auctioned by Punjab National Bank. The reserve price is ₹5150000, with an EMD of ₹515000. The e-auction is scheduled for June 23, 2026. This is a prime investment opportunity in Nagpur's growing residential area. Don't miss out on this chance to acquire valuable land through a bank auction!
GeoSquare note: The property is a collection of residential plots in Mangrul, Nagpur, offered at a reserve price of ₹5150000. While the location may offer future growth potential, the presence of significant encumbrances (Sales tax dues of 29.32 Crore) impacts its immediate investment appeal and demands careful evaluation. Considering the symbolic possession, this presents a moderate risk-reward scenario.
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