Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610860
Bank Name:Punjab National Bank
Branch Name:ARMB, KHARAGPUR
Reserve Price:₹11,00,000
EMD:₹1,10,000
Bid Increment:₹10,000
Auction Time:11.30 A.M. To 3.30 P.M.
Service Provider:Public Auction
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a prime opportunity to acquire a Land and Building asset in Contai, Purba Medinipur, West Bengal. The property is being auctioned by Punjab National Bank under the SARFAESI Act. Ideal for residential purposes, this asset offers significant potential in a developing area.
State:West Bengal
City:Purba Medinipur
Area:Contai
Asset Category:Residential
Full Address:Vill & Mouza-Balabhadrapur, within Nayaput Gram Panchayat, P.S.-Contai Dist- Purba Medinipur, Balabhadrapur, Contai
Size:11 Decimal
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Contai, Purba Medinipur. The auction will commence on November 26, 2025, at 11:30 AM and conclude at 03:30 PM on the same day. The reserve price is ₹11,00,000, with an Earnest Money Deposit (EMD) of ₹1,10,000 required to participate. This is a unique chance to invest in a valuable asset.
Borrower Name:M/s. Giri Enterprise
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Manjushree Giri
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building located in a semi-urban area. The reserve price is relatively low, making it a calculated opportunity for local investors. However, the property's location and potential encumbrances require careful consideration.
Contact Details
Branch:Branch Office : ARMB, KHARAGPUR
Service Provider:Public Auction
Contact Details:
Contact no: —
