Shop for auction 02 Diverted Commercial, Burhanpur, Indore by PNB

Property for Auction in Burhanpur, Indore, Madhya Pradesh

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Burhanpur, Indore
Auction Date IconAuction Date:
30-07-2025 11:00 AM

Auction Details

Auction ID:538675

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:6,97,05,000

EMD:69,71,000

Service Provider:BAANKNET

Important Dates

Submission Date:29-07-2025 05:00 PM

Bid Start Date:30-07-2025 11:00 AM

Property Description

Commercial Land & Building part of Khasra No.616/3, Gram Amagird, Khandwa-Amaravati Road, Ward No.02, Tehsil and District- Burhanpur -450331 (MP). Total Diverted land Area 76207 Sq.Ft. Boundaries: East-Main Road, West-Nala, North- Remaining land of Shri Swan Singh and Mahendepal Singh, South-Property of Moolchand Chhoteram. Property Owner: Smt. Narendra Kour Wio Shri Gurucharan Singh Bindra now deceased through her legal heir's Smt. Surendra Kaur, Smt. Jaspal Kaur Keer, Shri Dilip Singh Bindra, Shri Amarjeet Singh, Shri Manmohan Singh, Shri Manjeet Singh & Shri Swarnajeet Singh. Note: SA No. 420/2023 & 385/2023 pending at DRT Jabalpur.

State:Madhya Pradesh

City:Indore

Area:Burhanpur

Asset Category:Commercial

Auction Description

Punjab National Bank is auctioning a commercial property located in Burhanpur, Indore, Madhya Pradesh. The property, part of Khasra No. 616/3, Gram Amagird, Khandwa-Amaravati Road, Ward No. 02, is diverted commercial land and building with a total area of 76207 Sq.Ft. The boundaries are: East-Main Road, West-Nala, North- Remaining land of Shri Swan Singh and Mahendepal Singh, South-Property of Moolchand Chhoteram. The property owner is Smt. Narendra Kour (deceased) through her legal heirs. Note: SA No. 420/2023 & 385/2023 are pending at DRT Jabalpur. The reserve price is 69705000.00 and the EMD is 6971000.00. The auction is conducted by BAANKNET on behalf of Punjab National Bank, ASSET RECOVERY MANAGEMENT BRANCH. The auction starts on 30-07-2025 at 11:00 AM and ends on 30-07-2025 at 05:00 PM. Application submission deadline is 29-07-2025 at 05:00 PM. For inquiries, contact Shri Binit Kumar at 0755-2550020/9557822211.

Borrower Name:M/s Satkartar Agro Food Industries

Auction Type:SARFAESI Auction

Contact Details

Contact Auth. Officer: Shri Binit Kumar Phone No. 0755-2550020/9557822211

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