Flat for auction Asansol Asansol 26 lakh Bank of India

This is a residential flat located in Asansol, Burdwan, West Bengal. The property is being auctioned by the Bank of India under SARFAESI proceedings. Mr. Sudhir Kumar Mahato is the borrower. This is an excellent opportunity to acquire a residential property in a well-established area. The flat offers a comfortable living space and is situated in a key location within Asansol. Prospective buyers are encouraged to conduct their own due diligence regarding the property's condition, legal status, and any potential encumbrances. The auction presents a chance to potentially secure this asset at a competitive price.

Bank of India is conducting a SARFAESI auction for a residential flat in Asansol, Burdwan, West Bengal. The reserve price for this auction is INR 25,70,000, with an Earnest Money Deposit (EMD) of INR 2,57,000 required to participate. The auction will commence on November 25, 2025, at 10:00 AM and conclude on the same day at 05:00 PM. This is a public auction, and all interested parties are invited to bid. Further details regarding the auction process, terms, and conditions can be obtained from the Bank of India. Interested bidders should ensure they meet all eligibility criteria and submit the necessary documents before the auction begins.

This Asansol flat presents a calculated opportunity, with a reasonable reserve price for the location. Symbolic possession and bank auction terms require careful assessment of risks and potential for appreciation. The flat's location in Asansol suggests moderate investment appeal.