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Commercial Building SARFAESI Auction Physical Possession

1,270.5 sq feet Commercial Building for Sale (Bank Auction) in Mansa, Mansa – SBI

Mansa, Mansa, Punjab · Auction ID #50989

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Indicative Price ₹38,11,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,270.5 sq feet

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
1,270.5 sq feet (≈ 1,270 sq ft)
Reserve price / sq ft
₹3,000
Locality
Mansa
City
Mansa
State
Punjab
Pincode
151505
Address
MANSA, Punjab, 151505 View on map

Description (as per sale notice)

Plot Measuring 1270.50 Sq. Yards (2 Kanal 02 Marlas) comprising Rect, & Killa No. 785min (2-2) Khewat Khata no. 419, situated Ward No 20 Near Peerkhana, Sirsa Road Mansa, Distt. Mansa stands in the name of Sh. Subhash Chand S/o Sh Krishan Chand R/o. Mansa, lien of Bank vide Rapat No 443 dated 25.02.2015 as per Jamabandi for the year 2012-2013.

BAANKNET Property ID: SBIN75085013402

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB CHANDIGARH-05179
Auction type
SARFAESI Auction
Borrower
RAJPAL & C*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹3,000 per sq ft. The average across commercial bank auctions in Mansa on our site is ₹2,087 per sq ft, so this one is 44% 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 SBIN75085013402)), 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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