Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612794
Bank Name:Punjab National Bank
Branch Name:Circle Sastra : Hooghly
Reserve Price:₹17,22,000
EMD:₹1,72,200
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:2023-11-20
Property Description
This is a residential flat located in Singur, Hooghly, West Bengal. The property is being auctioned by Punjab National Bank as part of a SARFAESI action. The flat is an asset of M/s. R. R. Arts.
State:West Bengal
City:Hooghly
Area:Singur
Asset Category:Residential
Full Address:401, Royal Complex, Flat No. 401, Block C, Royal Complex, Mouza Kismat Apurbapur, J.L. No. 51, RS & LR Dag No. 286, LR Khatian Nos. 725/1, 77/1, 74/1 & 78/1, Singur 2 No. Gram Panchayet, P.S. - Singur, District Hooghly, Singur, Hooghly
Building/Society:Royal Complex
Size:1008.51 Sq.ft.
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Singur, Hooghly, West Bengal. The auction will take place on November 20, 2025, from 11:00 AM to 04:00 PM. The reserve price for this property is INR 17,22,000, with an Earnest Money Deposit (EMD) of INR 1,72,200 required to participate. This is a significant opportunity to acquire a property in a developing area.
Borrower Name:M/s. R. R. Arts
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Rintu Bar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Singur, a developing area, combined with the reasonable reserve price, presents a calculated opportunity. While not a prime investment, the physical possession status and clear details make it a worthwhile consideration for those familiar with the local market. Further due diligence on encumbrances is advisable.
Contact Details
Branch:Branch Office : Circle Sastra : Hooghly
Service Provider:BAANKNET
Contact Details:
Mr. Sankar Lal Mondal
Contact no: —
