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Factory Bank Auction Symbolic Possession

Factory for Auction in Mansa – PNB

Mansa, Punjab · Auction ID #5500

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Factory photo 1
Reserve Price ₹1,72,10,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 06 Oct 2026, 11:00 AM In 8 days
EMD Last Date 06 Oct 2026, 10:30 AM In 8 days

Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
—
City
Mansa
State
Punjab
Pincode
151505
Address
Mansa, Punjab, 151505 View on map

Description (as per sale notice)

All that part and parcel of the property consisting of store and labour quarters measuring 75.6 Biswas situated at Chakerian Road, Mansa acquired vide RTD 5431 dated 08.01.2004 & RTD 5432 dated 08.01.2004 in the name of Sh. Sham Lal and Sh. Sohan Lal. Bounded as per site: - East-Residential Colony, West- pesticide store, North- kundan oil mill, South- Chakerian Road. Note:- One Writ petition CWP No 13998/2021 is pending before Hon’ble Punjab & Haryana High Court regarding the NPA of M/s H S Akash Agro India Pvt. Ltd.

BAANKNET Property ID: PUNB031300AKAS02

Bank & Auction Details

Branch
SAMB CHANDIGARH - 834000
Auction type
Bank Auction
Borrower
H.S. A**** A*** I**** P***** L*****
Auction start
06 Oct 2026, 11:00 AM
Auction end
06 Oct 2026, 04:00 PM
EMD submission deadline
06 Oct 2026, 10:30 AM
Inspection
26 Sep 2026, 10:00 AM – 05 Oct 2026, 05:00 PM
Authorised officer
Anu Bala
Officer contact
9872635041

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 26 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNB031300AKAS02)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 06 Oct 2026, 10:30 AM. It is refunded if you don't win.
  5. Bid online on 6 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.

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 Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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