505.86 sq meter House for Auction in Tarn Taran – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

505.86 sq meter (≈ 5,445 sq ft)

Reserve price / sq ft

₹869

Locality

—

City

Tarn Taran

State

Punjab

Pincode

143401

Address

Tarn Taran, Punjab, 143401 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB AMRITSAR 818600

Auction type

SARFAESI Auction

Borrower

GURMIT S**** S** P** S****

Auction start

03 Dec 2026, 11:00 AM

Auction end

03 Dec 2026, 04:00 PM

EMD submission deadline

03 Dec 2026, 03:59 PM

Inspection

01 Dec 2026, 11:00 AM – 01 Dec 2026, 04:00 PM

Authorised officer

Ravinder Gera

Officer contact

7340067253

E-auction portal

BAANKNET (Property ID PUNB19F9465159)

Price Check

This listing's reserve price works out to ₹869 per sq ft. The average across residential bank auctions in Tarn Taran on our site is ₹1,046 per sq ft, so this one is 17% 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 1 Dec 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB19F9465159)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 03 Dec 2026, 03:59 PM. It is refunded if you don't win.
5. Bid online on 3 Dec 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.