Property for Auction in Raidighi, South 24 Parganas, West Bengal
Recommendation:Strong BuyScore: 7.5
Auction ID:610981
Bank Name:Bank of Baroda
Branch Name:ZOSARB Kolkata
Reserve Price:₹7,73,64,900
EMD:₹77,36,490
Bid Increment:₹1,00,000
Auction Time:01 p.m. to 05 p.m
Service Provider:BAANKNET
Submission Date:07-12-2025 05:00 PM
Bid Start Date:2025-12-08
A valuable industrial property consisting of factory land and buildings located in Raidighi, South 24 Parganas, West Bengal. This asset, previously owned by M/s S.S.S. Rice Mill, offers a significant opportunity for industrial development or operation. Situated in a key area of West Bengal, the property is ideal for businesses looking to establish or expand their manufacturing or processing capabilities. The factory land and building are being auctioned by Bank of Baroda.
State:West Bengal
City:South 24 Parganas
Area:Raidighi
Asset Category:Industrials
Full Address:C.S. & R.S. Dag No. 5724, C.S. Khatian No. 1913, 3070, 4763, 4683, 3906, J.L. No.106 (Old No.-49), Touzi No.-93, Khari, Village Companir Thek, Raidighi
Size:3.27 acres
This is a SARFAESI auction conducted by Bank of Baroda for the sale of factory land and building in Raidighi, South 24 Parganas, West Bengal. The auction starts on December 8, 2025, at 01:00 PM and concludes on the same day at 05:00 PM. The reserve price for this industrial asset is ₹7,73,64,900, with an Earnest Money Deposit (EMD) of ₹77,36,490 required to participate. This is a prime opportunity to acquire a significant industrial property in West Bengal.
Borrower Name:M/s S.S.S. Rice Mill
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Nimai Chand Purkait, Ms Arati Purkait, Mrs. Saumitra Purkait, Mrs. Suchita Purkait, Mrs. Supriya Purkait
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property represents a significant industrial asset in a developing area. The location in Raidighi, coupled with the size and type of property, makes it a potentially lucrative investment. However, prospective buyers should conduct due diligence to fully assess the market conditions and potential challenges.
Branch:Branch Office : ZOSARB Kolkata
Service Provider:BAANKNET
Contact Details:
Mr. Dhaneswar Sahoo
Contact no:9163265586