All auctions / Punjab / Jalandhar
65067.75 square feet Hotel for sale in Jalandhar
Jalandhar, Punjab – 144001
Punjab National Bank · ARMB JALANDHAR 824900
- Reserve price
- ₹40,00,00,000
- EMD
- ₹4,00,00,000
- Bid increment
- ₹10,00,000
- Area
- 1.49 acres
- Price per sq ft
- ₹6,147
This is the 3rd auction of this property. The reserve price is 7% lower than at the last auction (₹43,02,00,000 on 24 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹40,00,00,000 | -7.0% | Upcoming |
| 24 Aug 2026 | ₹43,02,00,000 | -10.0% | Closed |
| 30 Jul 2026 | ₹47,80,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹4,00,00,000
- Rest of 25% when you win (same or next day)
- ₹6,00,00,000
- Balance 75%, usually within 15 days
- ₹30,00,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹2.00 Cr – ₹3.20 Cr
You may bid above the reserve in steps of ₹10,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Hotel
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- 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.
- Borrower
- NARANG COLD STORAGE
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