Representative illustration — Flat bank auction in Panshila
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Panshila Kolkata 23.9 Lakh by State Bank of India

Panshila, Kolkata

Area: 650 sq. ft.

Sushil Bhawan, Panshila Govt. Colony, Ward No. 19, Panihati Municipality, Dist. North 24 Parganas, Kolkata 700112

State Bank of India · Stressed Assets Recovery Branch

Reserve price

₹23,94,000

EMD ₹2,39,400

Auction date

29 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 650 sq. ft.
  • Locality: Panshila
  • Reserve: ₹23,94,000
  • EMD: ₹2,39,400

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityPanshila
Built-up / plot area650 sq. ft.
LenderState Bank of India
BranchStressed Assets Recovery Branch
Unit / flat no.Flat No. AB & AB-1
Building / societySushil Bhawan
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Flat bank auction in Panshila, Kolkata by State Bank of India — reserve price ₹23,94,000, 650 sq. ft., Physical possession.

Participate in the State Bank of India bank auction for a residential flat in Sushil Bhawan, Panshila, North 24 Parganas. This property features two self-contained flats (Flat No. AB and AB-1) on the ground floor, each measuring 650 sq. ft. The unit includes 2 bedrooms, dining space, kitchen, and balcony. Located in the well-connected Panshila Govt. Colony, this property offers a great investment opportunity in the Kolkata real estate market. The auction is conducted by the Stressed Assets Recovery Branch, Kolkata, with physical possession held by the bank. Ideal for homebuyers and investors looking for an affordable residential unit in a multi-storied building. Ensure you review all auction terms and submit the EMD of 239400 before the specified date. Don't miss this opportunity to acquire a bank auction property in North 24 Parganas.

GeoSquare note: This property is a strong buy due to the bank holding physical possession, which simplifies the acquisition process. Located in a developed municipality area of North 24 Parganas, it offers good value for the reserve price of 23.94 lakhs. The residential nature and clear legal status under the bank's recovery process make it a reliable investment.

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