Property for Auction in Raina, Purba Bardhaman, West Bengal
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611860
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹27,93,000
EMD:₹2,79,300
Bid Increment:₹10,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This SARFAESI auction features a residential land and building located in Raina, Purba Bardhaman, West Bengal. The property is being auctioned by Punjab National Bank. Originally belonging to Mr Nagen Pal, this asset offers a valuable opportunity in a developing area. It is suitable for residential purposes and presents potential for future growth. The location in Purba Bardhaman provides access to local amenities and transport links.
State:West Bengal
City:Purba Bardhaman
Area:Raina
Asset Category:Residential
Full Address:Dist- Purbo Bardhaman, PS-Kalna, Mouza-Kalna, JL No. 164, RS Kh No. 2583, LR Kh No. 16413, RS Plot no. 5362, LR Plot no. 9772, Area 3.50 Satak More or Less under Kalna Municipality, Ward no-06, Mohalla Saspur, Holding No- 588,589, Kalna, Purba Bardhaman
Size:3.50 Satak
Punjab National Bank is conducting a SARFAESI auction for a residential land and building in Raina, Purba Bardhaman, West Bengal. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this auction is INR 27,93,000, with an Earnest Money Deposit (EMD) of INR 2,79,300 required to participate. This is a significant opportunity to acquire property through a transparent bank auction process. Interested bidders should review all auction terms and conditions prior to participation.
Borrower Name:Mr Nagen Pal
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Lakshmi Pal, Prasenjit Sarkar
Possession Status:Symbolic
Encumbrance Details:Not known to Bank at present.
The property offers a reasonable opportunity given its location in Raina and type (land and building), however, potential investors should carefully evaluate the market conditions and terms of the auction. The property's location and symbolic possession status slightly temper its investment score.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Ashok Kumar
Contact no:9102405790