Auction Closed · Scheduled Auction Date Passed (09 Oct 2026)
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Commercial Auction in Nawanshahr | Central Bank of India Auction
Commercial/Marriage Palace, Rahon Road, Nawanshahr (Prem Pal Gandhi - Commercial Property) · Reserve price ₹ 2,38,19,000 · Auction on 09 Oct 2026
₹ 2,38,19,000
Reserve price
Reserve price
₹ 2,38,19,000
EMD
₹ 23,81,900
Auction date
09 Oct 2026
Status
Ended
Bank
Central Bank of India
Possession
symbolic
Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.
Property details
- Property Type
- Commercial
- Description
- B/O Nawanshahr. Demand notice dated 18.06.2019, outstanding Rs 11,35,05,566 as on 05.08.2026 plus interest/charges etc thereon. Bid increase Rs 2,00,000.
- Possession
- symbolic
- Locality
- Nawanshahr
- Full Address
- Commercial/Marriage Palace property, Rahon Road, Nawanshahr, Distt. S.B.S. Nagar. Sale deed no. 355 dated 07/05/1999, sale deed no. 10/1 dated 05/04/1999, sale deed no. 1836 dated 08/11/1993, sale deed no. 2354 dated 30/10/1995. Property in the name of Mr. Prem Pal s/o Khushal Chand
- Pincode
- 144514
Bank & auction terms
- Auction ID
- AX-04VI886
- Bank / Authority
- Central Bank of India
- Reserve Price
- ₹ 2,38,19,000
- EMD Amount
- ₹ 23,81,900
- Auction Date
- 09 Oct 2026
- Auction Time
- 00:00
- Borrower Name
- Prem Pal Gandhi S/o Khushal Chand
- Bank Contact Details
- Authorised Officer, Central Bank of India (Ludhiana Regional Office)
Auction documents
- Sale noticesale notice
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