Factory land and Building for auction Palitpur Burdwan 2 Cr Indian Bank

Property for Auction in Burdwan, Burdwan, West Bengal

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Reserve Price
1,71,97,000
Reserve Price
1,71,97,000
EMD Required
17,19,700
Property Specifications
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Factory land and Building
Location IconLocation:
Burdwan, Burdwan
Auction Date IconAuction Date:
19-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610890

Bank Name:Indian Bank

Branch Name:Burdwan Station Bazar Branch

Reserve Price:1,71,97,000

EMD:17,19,700

Bid Increment:10,000

Auction Time:11:00 A.M. to 04:00 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

This auction features a significant industrial property located in Burdwan, West Bengal. The asset includes factory land and a building, offering a prime opportunity for manufacturing or warehousing operations. Situated in the Burdwan area, this property is ideal for businesses seeking a strategic location within West Bengal. The property is being auctioned by Indian Bank as part of a SARFAESI action against the borrower M/s Himshila Ferro Alloy Pvt. Ltd.

State:West Bengal

City:Burdwan

Area:Burdwan

Asset Category:Industrials

Full Address:Mouza-Mirjapur, J.L.No- 66, L.R. Kh No- 4116, RS & LR Plot No -103,108 & 625, Village - Palitpur, under Saraitikar Gram Panchayat, P.S. & Dist- Burdwan, Palitpur, Burdwan

Auction Description

Indian Bank is conducting an online SARFAESI auction for a factory land and building in Burdwan, West Bengal. The auction is scheduled for November 19, 2025, from 11:00 AM to 04:00 PM. The reserve price for this industrial asset is ₹1,71,97,000, with an Earnest Money Deposit (EMD) of ₹17,19,700 required to participate. This is a unique chance to acquire a substantial industrial property in a key region of West Bengal.

Borrower Name:M/s Himshila Ferro Alloy Pvt. Ltd

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Chinmoy Mondal, Mrs. Shoma Ghosh (Mondal)

Legal Details

Possession Status:Symbolic

Encumbrance Details:NOT KNOWN TO US

Why This Property

The property is an industrial land and building in Burdwan, a developing industrial area. While the location offers potential, the symbolic possession and unknown encumbrances introduce some risk. The reserve price seems reasonable, meriting a 'Calculated Opportunity' for investors willing to conduct thorough due diligence.

Contact Details

Branch:Branch Office : Burdwan Station Bazar Branch

Service Provider:BAANKNET

Contact Details:

Contact no:8291220220

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