Plot for auction Palra Gurugram 6 Cr Punjab National Bank

Property for Auction in Palra, Gurugram, Haryana

Recommendation
Strong BuyScore: 7.8
Possession
Symbolic
Size
351 sq yards
Reserve Price
6,29,25,000
Reserve Price
6,29,25,000
EMD Required
62,92,000
Property Specifications
Society/BuildingAstaire Garden
Size351 sq yards
Unit No.C-112
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Palra, Gurugram
Auction Date IconAuction Date:
05-12-2025 11:00 AM

Auction Details

Recommendation:Strong BuyScore: 7.8

Auction ID:609626

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:6,29,25,000

EMD:62,92,000

Bid Increment:1,00,000

Auction Time:11:00 AM to 4:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:04-12-2025 05:00 PM

Bid Start Date:2025-12-05

Property Description

This is a prime plot of land located in Palra, Gurugram, Haryana, offered for auction by Punjab National Bank. Situated in a developing area, this plot presents a significant investment opportunity. Its classification as a residential asset category suggests potential for various development projects. The property is being auctioned under the SARFAESI Act, ensuring a transparent and regulated sale process. Ideal for developers and investors looking to acquire land in a rapidly growing urban center like Gurugram.

State:Haryana

City:Gurugram

Area:Palra

Asset Category:Residential

Full Address:C-112, Astaire Garden, C-112, situated at Vill Palra now known as Astaire Garden, Sector-70A, Palra, Gurugram

Building/Society:Astaire Garden

Size:351 sq yards

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a valuable plot in Palra, Gurugram. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this residential plot is set at INR 6,29,25,000, with an Earnest Money Deposit (EMD) of INR 62,92,000 required to participate. This is a unique chance to acquire property directly from the bank, facilitating a straightforward transaction. Don't miss this opportunity to invest in Gurugram's real estate market.

Borrower Name:M/S Keshav Stone Crushing Company

Auction Type:SARFAESI Auction

Guarantor Names:Smt. Darshna Yadav, Mr. Smay singh

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property's location in Gurugram and land size make it a potentially valuable investment. The reserve price appears reasonable, and the auction terms are standard. Given Gurugram's growth, this plot offers a good opportunity for future appreciation.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Praveen Sammi

Contact no:8527977711

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