Land and Building for auction Khagda Purba Medinipur 53 lakh Punjab National Bank

This offering presents a unique opportunity to acquire land and a building in the desirable Chandipur area of Purba Medinipur, West Bengal. The property, previously owned by M/s. Jhhateswari Bayalban, falls under the residential asset category. Its location in Chandipur offers potential for various residential or commercial uses, subject to local regulations. This is a direct opportunity to invest in a property within a developing region of West Bengal.

Punjab National Bank is conducting a SARFAESI auction for a land and building property located in Chandipur, Purba Medinipur, West Bengal. The auction will take place on November 26, 2025, commencing at 11:30 AM and concluding at 03:30 PM. The reserve price for this property is ₹52,70,000, with an Earnest Money Deposit (EMD) of ₹5,27,000 required to participate. This auction provides a direct platform for interested parties to bid on this real estate asset.

This land and building in Chandipur presents a reasonable investment opportunity given its location and reserve price. While the location may not be prime, the relatively affordable price point and potential for future development make it a calculated risk worth considering. Due diligence is crucial before bidding.