989.1 sq feet House for Auction in New Model Town Ferozepur City, Ferozepur – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

989.1 sq feet (≈ 989 sq ft)

Reserve price / sq ft

₹4,773

Locality

New Model Town Ferozepur City

City

Ferozepur

State

Punjab

Pincode

152002

Address

New Model Town Ferozepur city, Punjab, 152002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

SAMB CHANDIGARH - 834000

Auction type

SARFAESI Auction

Borrower

M/s D V**** E*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 04:00 PM

EMD submission deadline

26 Nov 2026, 10:30 AM

Inspection

06 Nov 2026, 10:00 AM – 25 Nov 2026, 05:00 PM

Authorised officer

ANU BALA

Officer contact

9872635041

E-auction portal

BAANKNET (Property ID PUNB7fq52292302)

Price Check

This listing's reserve price works out to ₹4,773 per sq ft. The average across residential bank auctions in Ferozepur on our site is ₹1,525 per sq ft, so this one is 213% 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 6 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB7fq52292302)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 10:30 AM. 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.