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Upcoming Bank Auction Properties in Gurdaspur, Punjab

14 verified NPA listings from leading Indian banks in Gurdaspur. Browse live auctions below.

Residential House Land
Canara Bank (Sr.No.18)

Khasra No.53R/3 (Sr.18)

Gurdaspur, Punjab
Reserve Price
₹20.10 L
Area
47 Marlas
Canara Bank (Sr.No.18)14 JulSymbolic Possession
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Agricultural Land
Punjab National Bank (DRT-1 Chandigarh, RC No.1476/2019)
Reserve Price
₹37.98 L
Area
7 Kanal 13 Marlas being 1.9 shares of 67 Kanal 13 Marla; Khasra No.13/16/2(4-2),25(8-0),14/19/2(0-11),20/2(1-11),21/1(1-12),21/2(6-8),22/2(6-1),15/1 north(4-0),2 min north(0-13),9(0-8),10(8-0),11(7...
Punjab National Bank (DRT-1 Chandigarh, RC No.1476/2019)24 AugSymbolic
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Commercial Shop
Punjab National Bank, PNB Simble Chowk Batala (Circle Office SAM Pathankot)
Reserve Price
₹15.30 L
Area
6 sarsai; East-West each side 9'10", North Side 19'02"; Khasra No.724/1,727,728; Title Deed No.3572 dated 10.12.2008; Village Faizpura Batala
Punjab National Bank, PNB Simble Chowk Batala (Circle Office SAM Pathankot)23 JunPhysical
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Residential House
Punjab National Bank, PNB 348100 Dhariwal Gurdaspur Road (Circle Office SAM Pathankot)
Reserve Price
₹12.68 L
Area
2 Marla 1.5 Sarsai out of 3K 6M; Khewat No.110; Khasra No.350(0-1),351(0-3),352(0-6),353(0-9),354(0-9),355(0-2),356(0-13),357(0-5),358(0-15),359(0-3); HB No.387; Village Fateh Nangal; Jamabandi 201...
Punjab National Bank, PNB 348100 Dhariwal Gurdaspur Road (Circle Office SAM Pathankot)23 JunSymbolic
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Land and Building
Punjab National Bank, PNB Batala R R Bawa 470300 (Circle Office SAM Pathankot)
Reserve Price
₹14.37 L
Area
2.5 Marla; Khasra No.53R/26(31-9),26/f/1(3-4); Title Deed No.2435 dated 01.10.2014; Batala Sharki
Punjab National Bank, PNB Batala R R Bawa 470300 (Circle Office SAM Pathankot)23 JunSymbolic
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Bank auction property in Gurdaspur — what buyers should know

Bank auctions in Gurdaspur are conducted by lenders under the SARFAESI Act, 2002 after a borrower's account turns NPA. The bank takes possession of the mortgaged property, publishes a sale notice in a local and a national newspaper, and holds an online e-auction. Buyers get a sale certificate from the authorised officer once the full amount is paid.

NPAAUCTION.IN tracks 14 listings in Gurdaspur, of which 1 have an auction date still ahead. Active lenders here include Punjab National Bank, Bank of Maharashtra, Punjab National Bank (DRT-1 Chandigarh, RC No.1476/2019), Canara Bank (Sr.No.20), Canara Bank (Sr.No.18), Punjab National Bank, PNB DPS Batala (Circle Office SAM Pathankot).

The auction process in Gurdaspur, Punjab

  1. 1

    Find the notice

    Sale notices for Gurdaspur appear in local newspapers and on the lender's e-auction portal at least 15 days before the bid date.

  2. 2

    Site inspection

    Visit on the notified inspection date. In Gurdaspur, verify the plot boundary against the schedule of property and the local municipal record.

  3. 3

    Local record checks

    Obtain the encumbrance certificate from the Punjab sub-registrar office, check the property tax status with the municipal body, and confirm land use with the development authority.

  4. 4

    EMD and bidding

    Pay the EMD by NEFT/RTGS before the deadline, then bid online during the auction window.

  5. 5

    Payment and registration

    Pay 25% immediately and the balance within 15 days, then register the sale certificate and pay Punjab stamp duty.

Due diligence checklist for Gurdaspur

  • Encumbrance certificate from the Punjab sub-registrar covering at least the last 13 years.
  • Property tax and municipal dues status with the local body in Gurdaspur.
  • Possession type on the notice — physical (vacant) or symbolic (may be occupied).
  • Electricity and water arrears in the previous owner's name.
  • For flats: society/association dues and transfer charges.
  • Land-use and building approvals with the Gurdaspur planning authority.
  • Punjab stamp duty and registration charges on the sale certificate — budget these on top of the bid.

Who buys auction property in Gurdaspur

  • End users looking for a home below prevailing resale prices and willing to handle the paperwork.
  • Investors targeting rental yield on commercial shops, offices and warehouses.
  • Businesses buying their own premises — industrial sheds and factory units regularly come up.
  • Property professionals and channel partners sourcing for clients.

Bank auctions in Gurdaspur — FAQs

How do I buy a bank auction property in Gurdaspur?

Shortlist a lot on NPAAUCTION.IN, read the bank's sale notice, inspect the property on the notified date, complete title and dues checks, pay the EMD before the cut-off, and bid online. The winner pays 25% immediately and the balance within 15 days, then registers the sale certificate.

Are bank auction properties in Gurdaspur cheaper than market rate?

Reserve prices are set against the outstanding loan by a panel valuer, so they often start below comparable resale prices. The final price depends on competition on auction day, and buyers absorb repair, dues and possession costs.

What is the EMD for auctions in Gurdaspur?

EMD is specified in every sale notice and is commonly 10% of the reserve price. It is refunded to unsuccessful bidders and adjusted against the winner's payment.

Can I get a home loan on an auction property in Gurdaspur?

Yes. Many lenders finance auction purchases, and the auctioning bank itself often does. Get an in-principle sanction before bidding because the balance is due within 15 days.

What stamp duty applies in Punjab?

Stamp duty and registration charges on the sale certificate follow Punjab rates and are payable by the buyer on top of the bid amount. Use our stamp duty calculator for an estimate.

What if the property in Gurdaspur is still occupied?

That indicates symbolic possession. The buyer or the bank applies to the District Magistrate under Section 14 of the SARFAESI Act to obtain physical possession. Factor in this time and legal cost before bidding.