Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612257
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE : FAZILKA
Reserve Price:₹13,90,000
EMD:₹1,39,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
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 plot located in Fazilka, Fazilka, Punjab, offered by Punjab National Bank. The property is being auctioned under the SARFAESI Act. It presents a great opportunity for investment or building your dream home in a developing area.
State:Punjab
City:Fazilka
Area:Fazilka
Asset Category:Residential
Full Address:Sarabha Nagar, Seed farm Road, Abohar, Fazilka, Punjab, Sarabha Nagar, Fazilka
Size:1250 sq. feet
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Fazilka, Fazilka, Punjab. The auction will take place on November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹13,90,000, with an Earnest Money Deposit (EMD) of ₹1,39,000. This is a prime opportunity to acquire a valuable asset.
Borrower Name:Mr. DEEPAK KUMAR
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential plot in Fazilka, presents a calculated opportunity. The reserve price is reasonable, but potential investors should assess the location's development and growth prospects before bidding. Symbolic possession may require additional due diligence.
Contact Details
Branch:Branch Office : CIRCLE OFFICE : FAZILKA
Service Provider:BAANKNET
Contact Details:
Mr. Prem Kumar
Contact no:9829890590
