Land And Building for auction Faridpur Durgapur 2 Cr State Bank of India

This is a SARFAESI auction for a Land and Building asset located in Durgapur, Burdwan, West Bengal. The property is categorized as residential and is being auctioned by the State Bank of India. It is a prime opportunity to acquire a significant real estate holding in a developing area. Ideal for investors or developers looking to capitalize on the region's growth potential.

State Bank of India presents a SARFAESI auction for a valuable Land and Building property in Durgapur, Burdwan, West Bengal. The auction will commence on November 12, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is set at ₹1,63,00,000, with an Earnest Money Deposit (EMD) of ₹16,30,000 required. This is a unique chance to bid on a substantial asset offered by the bank.

The property presents a reasonable investment opportunity due to its location in Durgapur and the presence of a 3-story building. The reserve price appears competitive, but potential investors should thoroughly assess the property's condition and market demand. This is a 'Calculated Opportunity' requiring careful evaluation before bidding.