Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610891
Bank Name:Indian Bank
Branch Name:Burdwan Station Bazar Branch
Reserve Price:₹63,17,000
EMD:₹6,31,700
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
Factory land and building located in Burdwan, West Bengal. This industrial asset is part of a SARFAESI auction conducted by Indian Bank. The property is offered as is, presenting a potential opportunity for industrial development or utilization.
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-623, Village- Palitpur, under Saraitikar Gram Panchayat, P.S. & Dist- Burdwan, Palitpur, Burdwan
Auction Description
Indian Bank is conducting a SARFAESI auction for a factory land and building in Burdwan, West Bengal. The auction will take place on November 19, 2025, between 11:00 AM and 04:00 PM. The reserve price is set at ₹63,17,000, with an Earnest Money Deposit (EMD) of ₹6,31,700 required to participate. This is a prime opportunity to acquire an industrial property in a key location.
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, an industrial land and building in Burdwan, presents a calculated opportunity due to its location and asset type. While the reserve price seems reasonable, potential investors should conduct thorough due diligence on the surrounding market and condition of the factory premises. The symbolic possession status warrants careful consideration.
Contact Details
Branch:Branch Office : Burdwan Station Bazar Branch
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
