34.55 sq yard House for Sale (Bank Auction) in Patiala – PSB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

34.55 sq yard (≈ 310 sq ft)

Reserve price / sq ft

₹4,374

Locality

—

City

Patiala

State

Punjab

Pincode

147001

Address

Patiala, Punjab, 147001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab & Sind Bank

Branch

GURBAX COLONY PATIALA-P0614

Auction type

SARFAESI Auction

Borrower

Jackie J**** S** G***** R**

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID PSIB743)

Price Check

This listing's reserve price works out to ₹4,374 per sq ft. The average across residential bank auctions in Patiala on our site is ₹1,598 per sq ft, so this one is 174% 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 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 PSIB743)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on — 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.