Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614448
Bank Name:Bank of Baroda
Branch Name:REGIONAL OFFICE: BURDWAN REGION
Reserve Price:₹22,38,400
EMD:₹2,23,840
Bid Increment:₹10,000
Auction Time:2:00 PM to 6:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
Bank of Baroda presents a SARFAESI auction for a Land and Building property in Contai, Purba Medinipur, West Bengal. This residential asset is being auctioned due to the default of borrower Biswajit Giri. The property is located in the well-known area of Contai, offering a prime investment opportunity in Purba Medinipur.
State:West Bengal
City:Purba Medinipur
Area:Contai
Asset Category:Residential
Full Address:MOUZA: PADMAPUKJURIA, LR PLT NO: 863, RS PLOT NO: 792, JL NO: 263, KH NO: 980, PS: CONTAI, DIST: PURBA MEDINIPUR, Contai, Purba Medinipur
Size:2.50 Decimal
Auction Description
This is a SARFAESI auction conducted by Bank of Baroda for a Land and Building property. The auction will take place on November 24, 2025, starting at 02:00 PM and concluding at 06:00 PM. The reserve price for this valuable asset is INR 2,238,400, with an Earnest Money Deposit (EMD) of INR 223,840 required to participate. This is a prime opportunity to acquire property in Contai, Purba Medinipur.
Borrower Name:Biswajit Giri
Auction Type:SARFAESI Auction
Guarantor Names:Anirban Jana
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Contai, presents a calculated investment opportunity due to its location and reasonable reserve price. The symbolic possession status and potential encumbrances require careful consideration. The auction terms are standard, making it a moderate-risk investment.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: BURDWAN REGION
Service Provider:BAANKNET
Contact Details:
Mr. Aminuddin
Contact no:7044210203
