Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610870
Bank Name:Punjab National Bank
Branch Name:ARMB, KHARAGPUR
Reserve Price:₹48,32,000
EMD:₹4,83,200
Bid Increment:₹25,000
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 offering presents a valuable opportunity to acquire land and a building in the scenic area of Chandipur, Purba Medinipur, West Bengal. The property, categorized as residential, is being auctioned by Punjab National Bank under the SARFAESI Act. It is an ideal investment for those looking to develop or utilize residential space in a growing region.
State:West Bengal
City:Purba Medinipur
Area:Chandipur
Asset Category:Residential
Full Address:Mouza-Khagda, JL. No. 107, LR Plot No. 607, RS Plot No. 20, LR Khatian Nol, 1926, Vill-Khagda, P.O.-Narghat, under P.S. Chandipur, Dist-Purba Medinipur, Chandipur, Purba Medinipur
Size:23 Decimal
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land and building property in Chandipur, Purba Medinipur. The auction commences on November 26, 2025, at 11:30 AM and concludes at 3:30 PM on the same day. The reserve price is set at ₹48,32,000, with an Earnest Money Deposit (EMD) of ₹4,83,200 required to participate. This is a direct opportunity to bid on a promising asset.
Borrower Name:M/s. Jhhateswari Bayalban
Auction Type:SARFAESI Auction
Guarantor Names:Sri Tarasankar Kar, Smt. Mousumi Kar, Sri Late Bhimcharan Das
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building asset in Chandipur, with a moderate reserve price. While the location offers potential, further due diligence is needed to assess market demand and investment viability. The 'Not Known to Bank' encumbrance status introduces a risk factor.
Contact Details
Branch:Branch Office : ARMB, KHARAGPUR
Service Provider:Public Auction
Contact Details:
Contact no: —
