Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609962
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹16,20,000
EMD:₹1,62,000
Auction Time:2.00 P.M. to 3.00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This is a residential flat located in Kolkata, West Bengal, being auctioned by Tata Capital Housing Finance Ltd. The property is associated with the borrower MR. SHAIKH MUHIUDDIN ALI. As a residential asset, it offers a potential homeownership opportunity in a prime urban location.
State:West Bengal
City:Kolkata
Area:Kolkata
Asset Category:Residential
Full Address:17c, Hasina Tower, Flat No-17c On The Third Floor SouthWest Side Of The Building Known As "Hasina Tower", Police Station Uluberia, District Howrah, Under Ward No-27 Within The Limit Of Uluberia Municipality, Uluberia, Kolkata
Building/Society:Hasina Tower
Size:822 sq. ft.
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a residential flat in Kolkata, West Bengal. The auction has a reserve price of ₹16,20,000 and an Earnest Money Deposit (EMD) of ₹1,62,000. Bidding will take place on 18th November 2025, with the auction starting at 02:00 PM and closing at 03:00 PM IST. This is a significant opportunity to acquire property through a bank-initiated process.
Borrower Name:MR. SHAIKH MUHIUDDIN ALI
Auction Type:SARFAESI Auction
Guarantor Names:MRS. RESHMA MUHIUDDIN SHAIKH
Legal Details
Possession Status:Physical
Encumbrance Details:SA Application filed by the Borrower against TCHFL (SA/63/2025) is pending before DRT-1 Kolkata, No stay order is passed against TCHFL in the said case The bidders are advised to conduct due diligence before submitting the bid. The auction shall be subject to the outcome of the litigation.
Why This Property
The property is a reasonably priced flat in Kolkata, but the pending legal application adds a layer of risk. Its location within Uluberia Municipality and the reserve price make it a potentially worthwhile investment for those willing to conduct thorough due diligence. Auction terms are standard, and the property type is appealing for residential purposes.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
Manish Bansal
Contact no:8588983696
