Commercial Property for Auction Bowbazar Kolkata 57.2 Lakh by Indian Overseas Bank 409408
Bowbazar, Kolkata
Area: 2659 sq. ft.
13, Mohim Chand Das Sarani (Formerly known as Robert Sarani), P.S. Bowbazar, Kolkata-700012
Indian Overseas Bank · Asset Recovery Management Branch
Reserve price
₹57,16,000
EMD ₹5,71,600
Auction date
24 Sep 2026, 01:00 PM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Constructive
- ▸Area: 2659 sq. ft.
- ▸Locality: Bowbazar
- ▸Reserve: ₹57,16,000
- ▸EMD: ₹5,71,600
Auction snapshot
| Possession | Constructive |
| Property type | Commercial Property · Commercial |
| Locality | Bowbazar |
| Built-up / plot area | 2659 sq. ft. |
| Lender | Indian Overseas Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | 13 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Bowbazar, Kolkata by Indian Overseas Bank — reserve price ₹57,16,000, 2659 sq. ft., Constructive possession.
Explore this prime commercial property available for bank auction in the heart of Bowbazar, Kolkata. This spacious commercial unit measures 2659 sq. ft. and is located at 13, Mohim Chand Das Sarani. Being sold by the Indian Overseas Bank, this asset is ideal for investors looking for a strategic business location in West Bengal. The e-auction is scheduled for September 24, 2026, with a reserve price of ₹57,16,000. Don't miss this opportunity to acquire a well-positioned commercial space. Interested bidders should complete their application submission by September 23, 2026. Review all terms and conditions of this bank auction property before participating.
GeoSquare note: The property is located in a high-density commercial area of Kolkata, offering good investment potential. However, the rating is moderated due to the 'Constructive' possession status and the existence of ongoing legal cases (SA 32/2016 and TS 542/2016) which require thorough due diligence before bidding.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.