Land And Building for auction Chandrakona Paschim Medinipur 54 lakh PNB

This auction features a valuable parcel of land with an existing building located in Chandrakona, Paschim Medinipur, West Bengal. The property is categorized as residential and is being auctioned by Punjab National Bank under the SARFAESI Act. It presents an excellent opportunity for investment or development in a developing area. The property is offered with a reserve price of INR 53,50,000.

Punjab National Bank is conducting an online SARFAESI auction for a residential land and building property in Chandrakona, Paschim Medinipur, West Bengal. The auction will commence on November 26, 2025, at 11:30 AM and conclude at 03:30 PM on the same day. The earnest money deposit (EMD) required is INR 5,35,000, with a reserve price set at INR 53,50,000. This is a prime opportunity to acquire a significant asset through a transparent bidding process.

The property is located in Chandrakona, a developing area in Paschim Medinipur, presenting a calculated investment opportunity. The land and building have a moderate reserve price, and the auction terms are standard. However, due diligence is recommended to assess local market dynamics.