Property for Auction in Peerji Mohalla, Rohtak, Haryana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613026
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹37,25,000
EMD:₹3,72,500
Bid Increment:₹10,000
Auction Time:11:00AM to 4.00 PM
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This is a unique opportunity to acquire a commercial shop located in the well-established Peerji Mohalla area of Rohtak, Haryana. The property is being auctioned by Punjab National Bank under the SARFAESI Act. Ideal for various business ventures, this commercial space offers significant potential for growth in a bustling local market. Its strategic location ensures good visibility and accessibility, making it an attractive investment for entrepreneurs and businesses looking to establish or expand their presence in Rohtak.
State:Haryana
City:Rohtak
Area:Peerji Mohalla
Asset Category:Commercial
Full Address:M.C. Id-1184, B.T. House, Peerji Mohalla, Rohtak within M.C. Limit, Peerji Mohalla, Rohtak
Size:11.22 sq. Yards
Punjab National Bank is conducting a SARFAESI auction for a commercial shop in Peerji Mohalla, Rohtak. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this valuable commercial asset is ₹37,25,000, with an Earnest Money Deposit (EMD) of ₹3,72,500 required to participate. This is a prime opportunity for interested parties to bid on a commercial property with clear title and significant potential in a sought-after location.
Borrower Name:M/s Varun Agencies
Auction Type:SARFAESI Auction
Guarantor Names:Shailender Arora
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a commercial shop in Rohtak, with a relatively affordable reserve price. However, the small size might limit potential uses, resulting in a calculated investment opportunity rather than a prime one. Due diligence regarding the property's market value and potential rental income is crucial before bidding.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Baldeep Bidwal
Contact no:7206512344