Property for Auction in Palra, Gurugram, Haryana
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
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Praveen Sammi
Contact no:8527977711