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Commercial Hotel in Jalandhar, Punjab

Jalandhar, Punjab

This commercial property in Jalandhar, Punjab is up for auction by Punjab National Bank, at a reserve price of ₹40 Cr. The stated extent is 65,068 sq ft. An earnest-money deposit of ₹4 Cr is due by 27 Oct 2026, 04:00 PM IST. Bidding opens on 27 Oct 2026, 11:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹40 Cr
Auction starts
27 Oct 2026, 11:00 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹40 Cr
EMD amount₹4 Cr
Auction starts27 Oct 2026, 11:00 AM IST
Auction ends27 Oct 2026, 04:00 PM IST
EMD deadline27 Oct 2026, 04:00 PM IST
BankPunjab National Bank
BranchARMB JALANDHAR 824900
Property typeCommercial
Sub typeHotel
Extent65,068 sq ft
PIN code144001
StatusUpcoming
Bank property IDPUNB072706686
Type of auctionUnder SARFAESI
PossessionSymbolic
Borrower addressH.NO47 LANE NO. 2 ROSEWOOD DRIVE TOWER ENCLAVE PHASE 2 JALANDHAR1
Authorised officerHARISH KUMAR PARIHAR (Authorised Officer - Scale - IV - CM)
Inspection contactHARISH KUMAR PARIHAR · 9805417765
Bid increment₹1,000,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens06 Oct 2026, 11:04
VillagePRAGPUR
Khasra no.241

Legal description

EM of commercial Land & Building comprising of cold storage, Hotel and rented showroom Khasra No: 241(9-8), 948/242 ( 2-11 ), Hadbast No: 225, Situated at Village PRAGPUR , NH-1 , Tehsil & Distt. JALANDHAR as per Title Deed Nos Title Deed No: 2020-21/186/1/2258 , Dated 26-08-2020 Title Deed No: 2022-23/186/1/12710 , Dated 24-02-2023 Title Deed No: 2022-23/186/1/12711 , Dated 24-02-2023 Owned by Sh. Hemant Narang & Sh. Paras Narang both S/o Sh. Rajinder Kumar Note : The IP Shall be primarily mortgaged in M/s Narang Cold store in respect of OD limit under MSME Sampatti. Thereafter , Charge shall be extended in the Group accounts as primary /collateral security.

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.