Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611005
Bank Name:Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹20,46,000
EMD:₹2,04,600
Bid Increment:₹500
Auction Time:11:00 A.M. to 5:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a bank auction of a commercial shop located in Yamuna Nagar, Yamunanagar, Haryana. The property is offered by the Bank of India. It is a commercial asset belonging to M/s Madan Lal & Co. This is a SARFAESI auction with a reserve price of ₹2,046,000 and an EMD of ₹204,600.
State:Haryana
City:Yamunanagar
Area:Yamuna Nagar
Asset Category:Commercial
Full Address:Village Sabalpur H.B. No. 358 Tehsil Saraswati Nagar district Yamunanagar, Yamuna Nagar, Yamunanagar
Size:30.50 sq yards
Auction Description
The Bank of India is conducting a SARFAESI auction for a commercial shop in Yamuna Nagar, Yamunanagar, Haryana. The auction will commence on November 25, 2025, at 11:00 AM and conclude on the same day at 05:00 PM. The reserve price for this auction is ₹2,046,000, with an Earnest Money Deposit (EMD) of ₹204,600 required to participate.
Borrower Name:M/s Madan Lal & Co
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Pushpa Rani W/o Sh. Madan Lal
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Yamuna Nagar with a reasonable reserve price. While the location is not a prime metropolitan area, the auction terms are standard, making it a calculated opportunity for local investors seeking commercial space.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Rakesh Kumar
Contact no:9987048267
