Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610918
Bank Name:Punjab National Bank
Branch Name:ARMB, KHARAGPUR
Reserve Price:₹11,79,000
EMD:₹1,17,900
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:2025-09-24
Property Description
This SARFAESI auction features a Land and Building property in Egra, Purba Medinipur, West Bengal. The asset, formerly belonging to M/s. The Second Wife Family Hotel, is categorized as Residential. Ideal for investors or those seeking property in a developing area of West Bengal.
State:West Bengal
City:Purba Medinipur
Area:Egra
Asset Category:Residential
Full Address:Dist-Purba Medinipur, PS. Egra AD.S.R. Office-Egra, Mouza-Asti, JL No. 195, Kh. No. 208, Plot No. 195/1037, Egra, Purba Medinipur
Size:07 Decimal
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a Land and Building property in Egra, 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 set at ₹11,79,000, with an Earnest Money Deposit (EMD) of ₹1,17,900 required to participate.
Borrower Name:M/s. The Second Wife Family Hotel
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Egra, Purba Medinipur, and the relatively low reserve price. As a land and building, it offers potential for development or business use. The symbolic possession status and 'Not Known to Bank' encumbrance details require careful due diligence.
Contact Details
Branch:Branch Office : ARMB, KHARAGPUR
Service Provider:Public Auction
Contact Details:
Contact no: —
