Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614459
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE KOLKATA CENTRAL
Reserve Price:₹29,80,000
EMD:₹2,98,000
Auction Time:11:00 A.M. to 5:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a residential flat located in the prominent area of Kasba, Kolkata, West Bengal. The property is being auctioned by Indian Bank under the SARFAESI Act. It presents a valuable opportunity for real estate investment or personal residence in a well-established locality. The flat is part of a larger residential complex, offering potential for community living and access to local amenities.
State:West Bengal
City:Kolkata
Area:Kasba
Asset Category:Residential
Full Address:Municipal Premises No. 11/72, Jheel Road, P.S. - Kasba, Kolkata 700031, Ward No.92 under Kolkata municipal corporation, District-South 24 pgs, Kasba, Kolkata
Size:850 sq.ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Kasba, Kolkata. The auction has a reserve price of ₹29,80,000 and requires an EMD of ₹2,98,000. The auction will take place on 10-12-2025, starting at 11:00 AM and concluding at 04:00 PM. This is a sealed bid auction. Interested parties are encouraged to review all terms and conditions before participating. The property was formerly owned by M/S Krishna Construction.
Borrower Name:M/S Krishna Construction
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Papiya Ghosh, Mrs. Piyali Ghosh
Legal Details
Possession Status:Symbolic
Encumbrance Details:NOT KNOWN
Why This Property
The property's location in Kasba, Kolkata, and its size make it a reasonable investment opportunity. However, the symbolic possession and 'as is where is' basis require careful due diligence. The reserve price is competitive, but potential buyers should thoroughly investigate the property's condition and legal status before bidding.
Contact Details
Branch:Branch Office : ZONAL OFFICE KOLKATA CENTRAL
Service Provider:BAANKNET
Contact Details:
Mr. Ravi Agarwal
Contact no:8969600150
