Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611859
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹11,82,000
EMD:₹1,18,200
Bid Increment:₹10,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction by Punjab National Bank for a Land and Building property located in Amiri, Burdwan, West Bengal. The asset is categorized as Residential and is being auctioned due to the borrower, M/s R K Marbles And Accessories, defaulting on their loan.
State:West Bengal
City:Burdwan
Area:Amiri
Asset Category:Residential
Full Address:Mouza- Amila, JL No-93, RS Khatian No-450, LR Khatian No 527,& LR Plot No 438, Amiri, Burdwan
Size:03 Decimal/Satak
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a Land and Building property in Amiri, Burdwan, West Bengal. The auction will commence on November 26, 2025, at 11:00 AM and conclude on the same day at 04:00 PM. The reserve price for this residential property is ₹11,82,000, with an Earnest Money Deposit (EMD) of ₹1,18,200 required to participate. This is a unique opportunity to acquire a property in Burdwan.
Borrower Name:M/s R K Marbles And Accessories
Auction Type:SARFAESI Auction
Guarantor Names:Sekh Rahaman
Legal Details
Possession Status:Physical
Encumbrance Details:Not known to Bank at present.
Why This Property
The property is a small land parcel with building in a rural location, offered at a reasonable price. While not a prime investment, the relatively low reserve price and established location in Burdwan present a calculated opportunity for local investors. The auction terms are standard, but due diligence regarding local market conditions is recommended.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Ashok Kumar
Contact no:9102405790
