House for auction L - Purba Medinipur, J.L. - Mahishadal - Purba Medinipur by SBI

Discover a promising opportunity to own a residential house in the serene locale of Mahishadal, Purba Medinipur, West Bengal, presented through a State Bank of India auction. Situated in Vill., P.O. & Mouza Lakshya, this property offers a substantial land extent of 2.667 decimal (or 0.02667 acres) identified by J.L. No 161, Plot No. L.R.-634, and Khatian No. L.R-3459. The dwelling, recorded under Deed No. 11015 of 2019, is strategically located with clear boundaries: bordered by Rest Plot No. 634 to the North and South, the accessible Baram Path to the East, and Plot No. 632 & 648 to the West. This presents an ideal prospect for first-time homebuyers or astute investors seeking a tranquil residential setting with good accessibility. The property's documented details provide a strong foundation for a secure and valuable acquisition.

This residential property is being offered through a SARFAESI Act auction conducted by the State Bank of India, ensuring a legally sound and transparent acquisition process for prospective buyers. The auction is scheduled to commence on February 10, 2025, at 11:00 AM, concluding at 04:00 PM on the same day. A crucial aspect for participation is the submission of applications by February 07, 2025, 05:00 PM. The Reserve Price for this asset is set at INR 1,552,000.00, with a mandatory Earnest Money Deposit (EMD) of INR 155,200.00 required to qualify as a bidder. New buyers are strongly advised to conduct thorough due diligence, understand the specific terms and conditions of SARFAESI auctions, and contact the official representatives via 8001207811 or 9674729616 for any clarifications before participating. This structured approach provides an excellent opportunity to acquire property with clear title.