1,337.79 sq meter Commercial Building for Auction in Meerut, Meerut – PSB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1,337.79 sq meter (≈ 14,399 sq ft)

Reserve price / sq ft

₹1,027

Locality

Meerut

City

Meerut

State

Uttar Pradesh

Pincode

250002

Address

Meerut, Uttar Pradesh, 250002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab & Sind Bank

Branch

MEERUT BEGUM BRIDGE-M0169

Auction type

SARFAESI Auction

Borrower

M/S A***** B**** T*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 01:00 PM

EMD submission deadline

17 Nov 2026, 04:00 PM

Inspection

16 Nov 2026, 11:00 AM – 16 Nov 2026, 04:00 PM

Authorised officer

Shiva Nand Mishra

Officer contact

7983906797

E-auction portal

BAANKNET (Property ID PSIB001690)

Price Check

This listing's reserve price works out to ₹1,027 per sq ft. The average across commercial bank auctions in Meerut on our site is ₹14,245 per sq ft, so this one is 93% 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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PSIB001690)), 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.