4.79 acres Commercial Building for Auction in Gt Road Near Marwaha Autos, Jalandhar – PSB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

4.79 acres (≈ 2,08,652 sq ft)

Reserve price / sq ft

₹735

Locality

Gt Road Near Marwaha Autos

City

Jalandhar

State

Punjab

Pincode

144005

Address

GT ROAD NEAR MARWAHA AUTOS, Jalandhar, Punjab, 144005 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab & Sind Bank

Branch

MOTA SINGH NAGAR-J0352

Auction type

SARFAESI Auction

Borrower

RAKESH K**** G****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 03:00 PM

EMD submission deadline

17 Nov 2026, 04:00 PM

Inspection

07 Nov 2026, 10:00 AM – 17 Nov 2026, 03:00 PM

Authorised officer

SATINDER SINGH

Officer contact

8447259771

E-auction portal

BAANKNET (Property ID PSIB000362442)

Price Check

This listing's reserve price works out to ₹735 per sq ft. The average across commercial bank auctions in Jalandhar on our site is ₹2,522 per sq ft, so this one is 71% 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 7 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PSIB000362442)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.