Representative illustration — Commercial Property bank auction in Bowbazar
Representative illustration — not the actual property photograph.
Commercial Property Commercial Constructive possession Fair Option

Commercial Property for Auction Bowbazar Kolkata 57.2 Lakh by Indian Overseas Bank

Bowbazar, Kolkata

Area: 2659 sq. ft.

13, Mohim Chand Das Sarani (Formerly known as Robert Sarani), P.S. Bowbazar, Kolkata-700012

Indian Overseas Bank · Registered office :Kolkata

Reserve price

₹57,16,000

EMD ₹5,71,600

Auction date

26 Aug 2026, 01:00 PM

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Quick read

  • Possession: Constructive
  • Area: 2659 sq. ft.
  • Locality: Bowbazar
  • Reserve: ₹57,16,000
  • EMD: ₹5,71,600

Auction snapshot

PossessionConstructive
Property typeCommercial Property · Commercial
LocalityBowbazar
Built-up / plot area2659 sq. ft.
LenderIndian Overseas Bank
BranchRegistered office :Kolkata
Unit / flat no.13
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Commercial Property bank auction in Bowbazar, Kolkata by Indian Overseas Bank — reserve price ₹57,16,000, 2659 sq. ft., Constructive possession.

Discover a prime commercial investment opportunity with this bank auction property located in the heart of Bowbazar, Kolkata. This spacious commercial property measures 2659 sq. ft. and is situated at 13, Mohim Chand Das Sarani. Being sold by Indian Overseas Bank, this asset is available for e-auction on 26.08.2026 with a reserve price of ₹57,16,000. Ideal for businesses looking for a strategic location in Kolkata’s commercial hub. Prospective buyers should note the legal status regarding pending court cases (SA 32/2016 and TS 542/2016). Don't miss this chance to acquire a significant commercial space through a transparent bank auction process. Ensure you submit your EMD by 25.08.2026 for participation.

GeoSquare note: The property offers a significant 2659 sq. ft. commercial space in a central Kolkata location at a competitive reserve price. However, the rating is moderated due to the 'Constructive' possession status and the existence of ongoing legal litigation (SA 32/2016 and TS 542/2016) which requires thorough legal due diligence before bidding.

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