55,634.08 sq feet Commercial Building for Auction in Jhanda Bazar, Jabalpur – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

55,634.08 sq feet (≈ 55,634 sq ft)

Reserve price / sq ft

₹1,366

Locality

Jhanda Bazar

City

Jabalpur

State

Madhya Pradesh

Pincode

482001

Address

Jhanda Bazar, Jabalpur, Madhya Pradesh, 482001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

SAMB KOLKATA - 835000

Auction type

SARFAESI Auction

Borrower

JD A*** I***** P** L**

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 02:00 PM

EMD submission deadline

26 Nov 2026, 01:50 PM

Inspection

25 Nov 2026, 11:00 AM – 25 Nov 2026, 03:00 PM

Authorised officer

Dipak Dey

Officer contact

9433043490

E-auction portal

BAANKNET (Property ID PUNBC01170017)

Price Check

This listing's reserve price works out to ₹1,366 per sq ft. The average across commercial bank auctions in Jabalpur on our site is ₹6,516 per sq ft, so this one is 79% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 25 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNBC01170017)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 01:50 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.