Shop for auction 65 Jalalabad, Fazilka by PNB

Property for Auction in Jalalabad, Fazilka, Punjab

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Jalalabad, Fazilka
Auction Date IconAuction Date:
31-07-2025 11:00 AM

Auction Details

Auction ID:539296

Bank Name:Punjab National Bank

Branch Name:SAMB CHANDIGARH

Reserve Price:35,46,000

EMD:3,54,600

Service Provider:BAANKNET

Important Dates

Submission Date:30-07-2025 05:00 PM

Bid Start Date:31-07-2025 11:00 AM

Property Description

This prime commercial unbuilt space, identified as SCF No. 65, spans an impressive 2500 sq ft and is strategically situated within the New Grain Market of Jalalabad, a key commercial hub in the Fazilka district of Punjab. The property's location in a well-established market offers excellent visibility and accessibility, making it an ideal spot for a variety of business ventures. Its unbuilt nature provides a blank canvas for investors and entrepreneurs to develop the space according to their specific commercial needs, whether it be retail, office, or service-oriented establishments. The property's legal standing is supported by Registered Deed of Release (RTD) documents dated August 17, 2012, and November 8, 2009. Acquiring this plot presents a strategic opportunity to invest in the growth and development of Jalalabad's commercial landscape, promising potential for significant returns on investment.

State:Punjab

City:Fazilka

Area:Jalalabad

Asset Category:Commercial

Auction Description

Prospective buyers are invited to participate in a significant SARFAESI auction conducted by Punjab National Bank for a commercial property located in the bustling New Grain Market of Jalalabad, Fazilka, Punjab. This auction presents a unique opportunity to acquire a substantial 2500 sq ft unbuilt SCF (Shop-Cum-Flat) at a competitive reserve price of ₹35,46,000. The earnest money deposit (EMD) required to participate is ₹3,54,600. Bidding will commence on July 31, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. Applications for participation must be submitted by July 30, 2025, 5:00 PM. For further inquiries or to obtain detailed documentation, interested parties may contact Shri Hari Singh Gumra at 9501011937 or via email at [email protected]. This auction, managed by BAANKNET, offers a transparent process for acquiring commercial real estate in a developing region.

Borrower Name:M/s Dashmesh Agro Industries

Auction Type:SARFAESI Auction

Contact Details

Contact No : SHRI HARI SINGH GUMRA 9501011937/ E-MAIL: [email protected]

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