1,000 sq yard House for Auction in Urban, Amritsar – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,000 sq yard (≈ 9,000 sq ft)

Reserve price / sq ft

₹3,750

Locality

Urban

City

Amritsar

State

Punjab

Pincode

143001

Address

Urban, Amritsar, Punjab, 143001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB SOUTH DELHI 416800

Auction type

DRT Auction

Borrower

M/s C***** J*****

Auction start

12 Oct 2026, 12:00 PM

Auction end

12 Oct 2026, 01:00 PM

EMD submission deadline

09 Oct 2026, 05:00 PM

Inspection

05 Oct 2026, 01:00 PM – 05 Oct 2026, 04:00 PM

Authorised officer

SANTOSH KUMAR SAHOO

Officer contact

9810821579

E-auction portal

BAANKNET (Property ID PUNB1234)

Price Check

This listing's reserve price works out to ₹3,750 per sq ft. The average across residential bank auctions in Amritsar on our site is ₹2,732 per sq ft, so this one is 37% 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 5 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB1234)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 09 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.