Property for Auction in Palra, Gurugram, Haryana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609611
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹94,56,000
EMD:₹9,45,000
Bid Increment:₹0.5
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
A prime residential plot located in Palra, Gurugram, Haryana, offering a significant investment opportunity. This plot is part of a SARFAESI auction conducted by Punjab National Bank. The property is situated in a developing area with potential for future growth and development, making it attractive for builders and individual buyers alike. Its strategic location provides good connectivity to major parts of Gurugram.
State:Haryana
City:Gurugram
Area:Palra
Asset Category:Residential
Full Address:Village- Palra, Palra, Gurugram
Size:445 sq gaj
Punjab National Bank presents a SARFAESI auction for a valuable residential plot in Palra, Gurugram. The auction has a reserve price of ₹94,56,000 and an Earnest Money Deposit (EMD) of ₹9,45,000. The bidding will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. This is a unique chance to acquire property in a sought-after location directly from the bank.
Borrower Name:M/s KESHAV AGGREGATES COMPANY
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Krishna Devi W/o Shri Rajpal, Smt. Pooja Yadav W/o Shri Pawan Yadav
Possession Status:Symbolic
Encumbrance Details:Not Known
The property offers a decent investment prospect due to its location in Gurugram and the potential for future appreciation. However, the symbolic possession status and the need for proper demarcation introduce some risk, requiring careful due diligence. The reserve price appears reasonable given the location and size.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Praveen Sammi
Contact no:8527977711