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Commercial in Mohali

Mohali

Reserve price
₹25.00 Cr
Auction date
12 Feb 2026
11:00 AM
EMD deadline
25 Sept 2025
5:00 PM
Bid increment
₹50,00,000.00

Auction timeline

Auction starts
12 Feb 2026 at 11:00 AM
Auction ends
12 Feb 2026 at 12:00 PM
EMD submission deadline
25 Sept 2025 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Property Title
Godowns for Sale in Zirakpur, Kharar
Type
Commercial
Sub Type
Godowns
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹27.20 Cr
Property Identifiers
Bank Property ID
PSIBmunishirongodownr
Collateral ID
PSIBmunishirongodownreckit

Location details

Property Address
Godown Area Near Giri Complex, JP Hospital Village Bhabat Zirakpur
City: Mohali
District: SAS Nagar
State: Punjab
Pin Code: 140603
Country: India

Borrower & Loan details

Borrower Name
Munish Iron Store
Registered Address of Borrower
C-76 Industrial Area Phase VI Mohali
Owner
Sh Ramesh Kumar Aggarwal , Smt Bimla Devi
Ownership of Property
Borrower & Guarantor
NPA Amount
₹17.32 Cr
NPA Date
31 Dec 2013
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
PSIBmunishirongodownreckit
Customer ID
601574473
Demand Notice
Notice Date
22 Feb 2014
Notice Amount
₹17.58 Cr
Asset Classification
Classification Date
31 Dec 2017
Classification ID
5
Possession Dates
Symbolic
12 Dec 2019

Additional details

Property USP
Prime godown area in Village Bhabat at Zirakpur
Description
Godown premises measuring 18.83 kanals at Village Bhabat Zirakpur

EMD Schedule

EMD Start
23 Jan 2026
4:40 PM
EMD Deadline
11 Feb 2026
5:00 PM
Payment Deadline
25 Sept 2025

Inspection Schedule

Inspection Start
06 Feb 2026
11:00 AM
Inspection End
06 Feb 2026
12:00 PM

Officer Details

Authorized Officer
SHARAD CHANDRA
CHIEF MANAGER 1
Dealing Officer
SHARAD CHANDRA, CHIEF MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,00,000.00
Extension Increment
₹50,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
PSIBmunishirongodownreckit
Property ID
PSIBmunishirongodownr
Punjab & Sind Bank
Verified seller
Branch: ASSET RECOVERY BRANCH CHANDIGARH-C0737
IFSC: PSIB

Bank contact

+91 99999 99999+91 98331 41390
Branch Address
SCO 84-91 MAZENNINE FLOOR SECTOR 17 B CHANDIGARH
Branch IFSC
PSIB0000032
Department
ASSET RECOVERY BRANCH CHANDIGARH-C0737