Flat for auction Government Place (East) Kolkata 88 lakh State Bank of India

Property for Auction in Kolkata, Kolkata, West Bengal

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
554 Sft
Reserve Price
88,00,000
Reserve Price
88,00,000
EMD Required
8,80,000
Property Specifications
Size554 Sft
FloorThird Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Kolkata, Kolkata
Auction Date IconAuction Date:
04-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612239

Bank Name:State Bank of India

Branch Name:STRESSED ASSETS RECOVERY BRANCH, KOLKATA

Reserve Price:88,00,000

EMD:8,80,000

Bid Increment:50,000

Auction Time:11:00 AM to 4:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:03-12-2025 05:00 PM

Bid Start Date:2025-12-04

Property Description

This is a residential flat located in Kolkata, West Bengal. The property is being auctioned by the State Bank of India under SARFAESI Act. It's an excellent opportunity for buyers looking for a property in a prime location. The flat is part of a well-established area in Kolkata, offering convenient access to essential amenities and transportation.

State:West Bengal

City:Kolkata

Area:Kolkata

Asset Category:Residential

Full Address:12, Government Place (East), Kolkata-700069, Government Place (East), Kolkata

Size:554 Sft

Auction Description

State Bank of India is conducting a SARFAESI auction for a residential flat in Kolkata, West Bengal. The auction will commence on December 4, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹88,00,000, with an Earnest Money Deposit (EMD) of ₹8,80,000 required to participate. This is a significant opportunity to acquire a property through a bank auction.

Borrower Name:B.H. ISPAT (PVT) LIMITED

Auction Type:SARFAESI Auction

Guarantor Names:Smt. Darshan Debi Pandey, Smt. Anita Pandey, Shri Ankit Pandey, Shri Abhisek Pandey alias Angshu Pandey, Shri Himangshu Pandey, Shri Sibam Pandey, Shri Santosh Kumar Pandey

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known

Why This Property

The property is located in a central Kolkata location and is being offered at a fixed price point. However, the symbolic possession and possible tenant occupancy suggest additional due diligence is required. It presents a calculated risk for those familiar with the Kolkata property market.

Contact Details

Branch:Branch Office : STRESSED ASSETS RECOVERY BRANCH, KOLKATA

Service Provider:BAANKNET

Contact Details:

Tanushree Choudhury

Contact no:9674713763

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