Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610651
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE: PASCHIM MIDNAPORE
Reserve Price:₹49,91,000
EMD:₹4,99,000
Bid Increment:₹2,000
Auction Time:11.00 A.M. to 4.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This auction presents a unique opportunity to acquire a Land and Building property located in Keshpur, Paschim Medinipur, West Bengal. The asset, previously mortgaged to Punjab National Bank by Mr. Sk. Mokadar Hossain, is categorized as Residential. Situated in a developing area, this property offers potential for both personal use and investment. The auction is conducted under the SARFAESI Act.
State:West Bengal
City:Paschim Medinipur
Area:Keshpur
Asset Category:Residential
Full Address:1232, Dist-Paschim Medinipur, P.S. & Mouza - Keshpur, J.L. No. 338, Kh. No. 893/2, Plot No. 1232, Keshpur, Paschim Medinipur
Size:0.0650 Acre
Auction Description
Punjab National Bank is pleased to announce a SARFAESI auction for a Land and Building property in Keshpur, Paschim Medinipur. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is set at ₹49,91,000, with an Earnest Money Deposit (EMD) of ₹4,99,000 required to participate. This is a prime opportunity to acquire a valuable asset in West Bengal.
Borrower Name:Mr. Sk. Mokadar Hossain
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sk. Saduruddin @ Sk. Soruddin
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known to Bank
Why This Property
The property is a land and building located in Keshpur, a developing area. The reserve price seems reasonable. However, the symbolic possession and the 'as is where is' basis add a layer of risk, making it a calculated opportunity rather than a straightforward investment.
Contact Details
Branch:Branch Office : CIRCLE OFFICE: PASCHIM MIDNAPORE
Service Provider:BAANKNET
Contact Details:
Md. Waize Ansari
Contact no: —
