Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:604344
Bank Name:Punjab & Sind Bank
Branch Name:ARB, Kolkata
Reserve Price:₹1,87,00,000
EMD:₹18,70,000
Bid Increment:₹10,000
Auction Time:2.00 PM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-28
Property Description
This offering presents a valuable opportunity to acquire a residential land and building asset in Mahishadal, Purba Medinipur, West Bengal. The property is part of a SARFAESI auction conducted by Punjab & Sind Bank. It is ideal for developers or individuals seeking a property in a developing region.
State:West Bengal
City:Purba Medinipur
Area:Mahishadal
Asset Category:Residential
Full Address:mouza-Keshabpur Jalpai, JL no-133 Khatian no-2770, Plot no-3410, 3590, 3793, 3903, 3921, 3923, 3954 & 4068, P. O. Keshabpur Jalpai, P. S. Mahishadal, Sub Registry office-Mahishadal Dist-Purba Medinipur, Keshabpur Jalpai, Purba Medinipur
Size:0.69 acre
Auction Description
Punjab & Sind Bank is holding a SARFAESI auction for a residential land and building in Mahishadal, Purba Medinipur, West Bengal. The property, formerly associated with M/S HALDIA AGRO, has a reserve price of INR 1,87,00,000 and requires an EMD of INR 18,70,000. The auction will take place online on November 28, 2025, between 02:00 PM and 04:00 PM.
Borrower Name:M/S HALDIA AGRO
Auction Type:SARFAESI Auction
Guarantor Names:SH. SHUBHANKAR JANA
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Purba Medinipur, West Bengal, offers potential for development given its land size. The reserve price is moderate for the area, but due diligence is needed to assess the potential for future appreciation. The auction terms are standard, making this a 'Calculated Opportunity' for investors willing to conduct thorough research.
Contact Details
Branch:Branch Office : ARB, Kolkata
Service Provider:BAANKNET
Contact Details:
Sh. Nafe Singh
Contact no:9953312185
