Property for Auction in Ambah, Morena, Madhya Pradesh
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:612354
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹9,90,000
EMD:₹99,000
Bid Increment:₹25,000
Auction Time:1:00 to 5:00 pm
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This offering presents a unique opportunity to acquire a parcel of land in Ambah, Morena, Madhya Pradesh, through a Punjab National Bank auction. The property is categorized as residential land, suitable for various development purposes. Located in a developing area, this land holds potential for future appreciation. It is part of a SARFAESI auction initiated by Punjab National Bank against the borrower M/s. Kamdgiri Poles Industries.
State:Madhya Pradesh
City:Morena
Area:Ambah
Asset Category:Residential
Full Address:547/2, Village-Sunawali, Kukthari road, Tehsil- Ambah, Patwari Halka No. 44, Tehsil-Ambah, District- Morena M.P., Sunawali, Kukthari road, Morena
Size:0.21 Hactare
Punjab National Bank is conducting an e-auction for a residential land parcel in Ambah, Morena, Madhya Pradesh. This SARFAESI auction has a reserve price of ₹9,90,000 and requires an Earnest Money Deposit (EMD) of ₹99,000. The auction will commence on November 26, 2025, at 01:00 PM and conclude on the same day at 05:00 PM. Interested bidders should ensure they meet all pre-auction requirements and participate within the stipulated timeframe.
Borrower Name:M/s. Kamdgiri Poles Industries
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The land in Ambah presents a calculated opportunity due to its location and size. While the reserve price seems reasonable, potential investors should carefully assess local market conditions. The symbolic possession status requires further due diligence before bidding.
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Shri Ramesh Chandra Dhangar
Contact no:0755-2550020