Factory Land and Building for Auction Village Newdha Kolkata 15.8 Crore by Punjab National Bank
Village Newdha, Kolkata
Area: 1.162 Hectares
Village Newdha, Hathbandh Road, Tehsil: Simga, District: Baloda bazaar, Chhattisgarh
Punjab National Bank · Stressed Asset Management Branch
Reserve price
₹15,80,00,000
EMD ₹1,58,00,000
Auction date
04 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1.162 Hectares
- ▸Locality: Village Newdha
- ▸Reserve: ₹15,80,00,000
- ▸EMD: ₹1,58,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Factory land and Building · Industrials |
| Locality | Village Newdha |
| Built-up / plot area | 1.162 Hectares |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch |
| Unit / flat no. | Kh.No.298/1, 298/2, 297/2, 300/1, 300/2, 300/3 |
| Building / society | M/s. J D Agro Industries Pvt Ltd Factory Premises |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,00,000 |
| Service provider | BAANKNET |
About this property
Factory land and Building bank auction in Village Newdha, Kolkata by Punjab National Bank — reserve price ₹15,80,00,000, 1.162 Hectares, Symbolic possession.
Participate in this bank auction property sale featuring a sprawling industrial factory land and building located at Village Newdha, Hathbandh Road, Simga, Baloda Bazaar. This commercial industrial asset, owned by M/s. J D Agro Industries Private Limited, covers a total area of 1.162 hectares and includes existing plant and machineries. The property is being auctioned by Punjab National Bank under SARFAESI Act provisions. With a reserve price of ₹15.8 Crores, this is a significant opportunity for industrial investors looking to acquire manufacturing infrastructure in Chhattisgarh. The auction is scheduled for August 4, 2026. Interested bidders should note the property is under symbolic possession and is sold on an 'As is where is' and 'Whatever there is' basis. Ensure compliance with EMD requirements for this premium industrial land auction.
GeoSquare note: This industrial asset offers a large land parcel and established machinery, making it suitable for large-scale operations. However, the property is currently under symbolic possession, which poses a higher risk for the buyer regarding physical takeover. Given the high reserve price, it is a significant investment requiring thorough legal due diligence.
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