76,207 sq feet Commercial Building for Auction in Burhanpur – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

76,207 sq feet (≈ 76,207 sq ft)

Reserve price / sq ft

₹1,052

Locality

—

City

Burhanpur

State

Madhya Pradesh

Pincode

450331

Address

Burhanpur, Madhya Pradesh, 450331 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB INDORE688500

Auction type

SARFAESI Auction

Borrower

SATKARTAR A*** F*** I***** & F***** D*** S**** & C**

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 04:00 PM

EMD submission deadline

26 Oct 2026, 11:59 PM

Inspection

—

Authorised officer

Sandeep Kumar

Officer contact

9835192571

E-auction portal

BAANKNET (Property ID PUNB6885413)

Price Check

This listing's reserve price works out to ₹1,052 per sq ft. The average across commercial bank auctions in Burhanpur on our site is ₹1,701 per sq ft, so this one is 38% 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 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 PUNB6885413)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Oct 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 27 Oct 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.