Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612803
Bank Name:Punjab National Bank
Branch Name:Circle Sastra : Hooghly
Reserve Price:₹16,60,000
EMD:₹1,66,000
Bid Increment:₹0.1
Auction Time:11:00 A.M. to 04:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 04:00 PM
Bid Start Date:2023-07-07
Property Description
This is a residential flat located in Chinsurah, Hooghly, West Bengal. The property is being auctioned by Punjab National Bank as part of a SARFAESI auction. It presents an opportunity for prospective buyers in the Hooghly region.
State:West Bengal
City:Hooghly
Area:Chinsurah
Asset Category:Residential
Full Address:8/1/1, SIBA PLAZA APARTMENT, Flat No. 8/1/1, SIBA PLAZA APARTMENT, G. T. Road, Bandel, within the jurisdiction of Bandel Gram Panchayet, P.S. -Chinsurah, District - Hooghly, Bandel, Chinsurah
Building/Society:SIBA PLAZA APARTMENT
Size:827 Sq.ft.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Chinsurah, Hooghly, West Bengal. The auction will commence on 20-11-2025 at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this property is INR 1,660,000, with an Earnest Money Deposit (EMD) of INR 166,000 required to participate. This auction is part of the recovery process for M/s. Sanjay Enterprise.
Borrower Name:M/s. Sanjay Enterprise
Auction Type:SARFAESI Auction
Guarantor Names:Sri Sanjay Prasad, Mrs. Neetu Prasad Singh
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area. While the reserve price seems reasonable, the physical possession and clear encumbrance status makes it a moderate risk investment. Further due diligence is advised.
Contact Details
Branch:Branch Office : Circle Sastra : Hooghly
Service Provider:BAANKNET
Contact Details:
Contact no: —
