Land And Building for auction Contai Purba Medinipur 26 lakh Punjab National Bank

This offering presents a prime opportunity to acquire land and a building located in Contai, Purba Medinipur, West Bengal. Previously associated with M/s. Jana Cashew Processing, this residential asset is now available through a SARFAESI auction. The property offers a substantial land parcel with an existing building structure, suitable for various development or investment purposes in a growing area.

Punjab National Bank is conducting a SARFAESI auction for a valuable land and building property in Contai, Purba Medinipur, West Bengal. The auction will take place on November 26, 2025, from 11:30 AM to 03:30 PM. The reserve price is set at ₹25,70,000, with an Earnest Money Deposit (EMD) of ₹2,57,000 required to participate. This is a significant opportunity for investors and developers to bid on a well-located property.

The property presents a calculated opportunity due to its location in Contai and the availability of land and a building. The reserve price appears reasonable, but potential investors should conduct thorough due diligence. Symbolic possession and possible encumbrances necessitate careful consideration.