Commercial Building SARFAESI Auction Symbolic Possession

65,067.75 sq feet Commercial Building for Auction in Jalandhar – PNB

Jalandhar, Punjab · Auction ID #110023

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Commercial Building for auction in Jalandhar – PNB – photo 1
Commercial Building for auction in Jalandhar – PNB – photo 2
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Reserve Price ₹40,00,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Nov 2026, 11:00 AM In 6 days
EMD Last Date 19 Nov 2026, 04:00 PM In 6 days
Area65,067.75 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
65,067.75 sq feet (≈ 65,067 sq ft)
Reserve price / sq ft
₹6,147
Locality
—
State
Punjab
Pincode
144001
Address
Jalandhar, Punjab, 144001 View on map

Description (as per sale notice)

GT ROAD PRAGPUR JALANDHAR

BAANKNET Property ID: PUNB072706686
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Bank & Auction Details

Branch
ARMB JALANDHAR 824900
Auction type
SARFAESI Auction
Borrower
NARANG C*** S*****
Auction start
19 Nov 2026, 11:00 AM
Auction end
19 Nov 2026, 04:00 PM
EMD submission deadline
19 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
HArish Kumar Parihar
Officer contact
9805417765
E-auction portal
BAANKNET (Property ID PUNB072706686)
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Price Check

This listing's reserve price works out to ₹6,147 per sq ft. The average across commercial bank auctions in Jalandhar on our site is ₹2,522 per sq ft, so this one is 144% above 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNB072706686)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 19 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 19 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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