Land And Building for auction Khalisha Bhanga Contai 29 lakh Punjab National Bank

This SARFAESI auction presents a valuable opportunity to acquire land and a building in Contai, Purba Medinipur, West Bengal. Previously owned by M/s. Jana Cashew Processing, this residential asset offers potential for diverse use. The property is situated in a key area of Purba Medinipur, making it an attractive investment for those looking to establish or expand their presence in the region.

Punjab National Bank is conducting a SARFAESI auction for a land and building asset in Contai, Purba Medinipur. The auction is scheduled to take place on November 26, 2025, commencing at 11:30 AM and concluding at 03:30 PM. The reserve price for this property is INR 2,870,000, with an Earnest Money Deposit (EMD) of INR 287,000 required to participate. This is a prime opportunity to bid on a significant asset in West Bengal.

The property is a land and building asset in a rural location, offered at a moderate reserve price. While the location may limit its immediate commercial potential, the low entry cost and clear title make it a calculated opportunity for long-term investment or development, especially if the area sees future growth.