Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611073
Bank Name:Punjab & Sind Bank
Branch Name:Zonal Office : Gurdaspur
Reserve Price:₹14,50,000
EMD:₹1,45,000
Bid Increment:₹15,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential plot located in Gurdaspur, Gurdaspur, Punjab. The property is being auctioned by Punjab & Sind Bank as part of a SARFAESI auction. It was previously associated with the borrower M/s Maan Commission Agent. This is an excellent opportunity to acquire a plot in a well-established area.
State:Punjab
City:Gurdaspur
Area:Gurdaspur
Asset Category:Residential
Full Address:12/6/2(1-1), Village Mansur Manj, Mansur Manj, Gurdaspur
Auction Description
Punjab & Sind Bank is conducting a SARFAESI auction for a residential plot in Gurdaspur, Punjab. The auction will take place on 20-11-2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is ₹14,50,000, with an Earnest Money Deposit (EMD) of ₹1,45,000 required to participate. Interested bidders should review all auction terms and conditions provided by the bank.
Borrower Name:M/s Maan Commission Agent
Auction Type:SARFAESI Auction
Guarantor Names:Kuldeep Singh, Sukhdeep Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential building in Gurdaspur offered at a reasonable reserve price. While the location is not explicitly described as 'prime,' the auction terms are standard. The symbolic possession status and unknown encumbrances introduce a moderate level of risk.
Contact Details
Branch:Branch Office : Zonal Office : Gurdaspur
Service Provider:BAANKNET
Contact Details:
Contact no:+918291220220
