Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611071
Bank Name:Punjab & Sind Bank
Branch Name:Zonal Office : Gurdaspur
Reserve Price:₹52,00,000
EMD:₹5,20,000
Bid Increment:₹52,000
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 auction features a residential plot located in Jalandhar, Punjab, offered by Punjab & Sind Bank. The property is situated in the Jalandhar area, identified by the borrower name M/s Sidh Jogi Enterprieses. This is a prime opportunity to acquire a plot in a developing region.
State:Punjab
City:Jalandhar
Area:Jalandhar
Asset Category:Residential
Full Address:7, Plot No. 7, New Basant Nagar, Near Bypass Reeru/Khasra No. 12597, 12598, 12601, 12602, New Basant Nagar, Jalandhar
Size:42 sq. feet
Auction Description
Punjab & Sind Bank is conducting a SARFAESI auction for a residential plot in Jalandhar, Punjab. The auction has a reserve price of ₹52,00,000 and requires an Earnest Money Deposit (EMD) of ₹5,20,000. The auction will take place on November 20, 2025, starting at 11:00 AM and concluding at 04:00 PM. Interested bidders should ensure they meet all pre-auction requirements.
Borrower Name:M/s Sidh Jogi Enterprieses
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ashish Bhalla
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Jalandhar, presenting a land investment opportunity. The reserve price seems reasonable given the location, however, due diligence on the location is recommended. Auction terms appear standard, requiring a moderate EMD.
Contact Details
Branch:Branch Office : Zonal Office : Gurdaspur
Service Provider:BAANKNET
Contact Details:
Contact no: —
