Property for Auction in Hirapur,, Burdwan, West Bengal
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:594996
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹12,59,000
EMD:₹1,60,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Submission Date:2025-11-26
Bid Start Date:2025-11-26
This offering presents a valuable opportunity to acquire a Land and Building asset in Hirapur, Burdwan, West Bengal. Classified as residential, this property is being auctioned by Punjab National Bank under the SARFAESI Act. The property is associated with borrower Mr. Sumanta Kundu. Situated in the well-connected city of Burdwan, this presents a chance for investment or personal use in a developing area. The auction details provide a clear timeframe for interested parties to participate and place their bids.
State:West Bengal
City:Burdwan
Area:Hirapur,
Asset Category:Residential
Full Address:Mouza- Ismile, P.S. Hirapur, District Burdwan, Sub Division and A.D.S.R. Office Asansol, J.L. No. 22, R.S. Khatian No 1204, R.S. Plot No 1355, Hirapur, Burdwan
Size:1 katha 8 chitak
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property located in Hirapur, Burdwan, West Bengal. The auction is scheduled to commence on November 26, 2025, at 11:00 AM and will conclude at 04:00 PM on the same day. The reserve price for this residential asset is set at INR 1,259,000, with an Earnest Money Deposit (EMD) of INR 160,000 required to participate. This is a prime opportunity for prospective buyers to acquire a property through a transparent auction process.
Borrower Name:Mr Sumanta Kundu
Auction Type:SARFAESI Auction
Possession Status:Constructive
Encumbrance Details:Not known to Bank at present.
The property presents a calculated opportunity due to its location in Hirapur and the auction terms. While the reserve price is reasonable, the 'Constructive Possession' status might introduce complexities. Further due diligence is recommended before bidding.
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Pawan Kumar
Contact no:7428686889