Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611861
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹1,16,86,000
EMD:₹11,68,600
Bid Increment:₹30,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction for a valuable Land and Building property located in Purba Bardhaman, Purba Bardhaman, West Bengal. Owned by M/s Matrix Textile Ghosh, this residential asset is being auctioned by Punjab National Bank. The property offers a unique opportunity for investment or development in a key area of West Bengal.
State:West Bengal
City:Purba Bardhaman
Area:Purba Bardhaman
Asset Category:Residential
Full Address:Vill+PO-Ghosh, PS Memari, Dist: Purba Bardhwan, Ghosh, Purba Bardhaman
Size:0.66 acres
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Purba Bardhaman, West Bengal. The auction commences on November 26, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at ₹11,686,000, with an Earnest Money Deposit (EMD) of ₹1,168,600. This is a prime opportunity to acquire a significant asset through a transparent auction process.
Borrower Name:M/s Matrix Textile Ghosh
Auction Type:SARFAESI Auction
Guarantor Names:Jahangir Mallick, Safia Khatun
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known to Bank at present.
Why This Property
Located in Ghosh, Purba Bardhaman, this industrial land and building presents a calculated opportunity. With a reserve price of ₹11,686,000.00 and symbolic possession, potential investors should conduct thorough due diligence. The property's industrial zoning and proximity to the rice mill could be advantageous.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Ashok Kumar
Contact no:9102405790
