Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610912
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹2,74,98,000
EMD:₹27,49,800
Bid Increment:₹30,00,000
Auction Time:11:00 to 16:00
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 in Naugawan Sadat, Amroha, Uttar Pradesh. The property is being auctioned by Punjab National Bank. It is part of a SARFAESI auction, originating from a loan taken by Sh. Syed Manzoor Abbas.
State:Uttar Pradesh
City:Amroha
Area:Naugawan Sadat
Asset Category:Residential
Full Address:86 & 95, Plot No. 86 & 95, Village Naugawan Sadat, Amroha UP, Naugawan Sadat, Amroha
Size:4757.50 Sq. Mtrs.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Naugawan Sadat, Amroha, Uttar Pradesh. The auction has a reserve price of INR 2,74,98,000 and requires an Earnest Money Deposit (EMD) of INR 27,49,800. The auction will take place on November 26, 2025, starting at 11:00 AM and closing at 04:00 PM.
Borrower Name:Sh. Syed Manzoor Abbas
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Syed Mohd. Abbas, Sh. Syed Ayaz Abbas, Smt. Husan Afroj
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a large residential cum commercial plot in Naugawan Sadat, presents a moderate investment opportunity. While the location has potential, the high reserve price and large EMD require careful consideration. A calculated approach is advised due to auction terms and regional market dynamics.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Mr. Sunil Verma
Contact no:+917080802460
