Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612854
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹1,69,90,000
EMD:₹16,99,000
Bid Increment:₹25,000
Auction Time:11:00 a.m. to 5.00 p.m.
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 flat located in Huzur, Bhopal, Madhya Pradesh. The property is being auctioned by Punjab National Bank as part of a SARFAESI action. This is a prime opportunity to acquire a flat in a desirable location within Bhopal.
State:Madhya Pradesh
City:Bhopal
Area:Huzur
Asset Category:Residential
Full Address:Khasra No. 91/2/1/2, PH No. 5, Nishatpura, Berasia Road, Near Railway Crossing, tehsil- Huzur, District- Bhopal, Nishatpura, Bhopal
Size:13050 Sq.ft.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Huzur, Bhopal, Madhya Pradesh. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this property is ₹1,69,90,000 with an Earnest Money Deposit (EMD) of ₹16,99,000. This is a significant opportunity for potential buyers.
Borrower Name:M/s Laxmi Agro Industries
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's large size and location in Huzur, Bhopal, make it a potentially strong investment. With a strategic location and a reasonable reserve price, this plot offers considerable development potential for the right buyer. The symbolic possession status should be carefully considered before bidding.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Shri Binit Kumar
Contact no:0755-2550020
