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

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.

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.

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.