Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610919
Bank Name:Punjab National Bank
Branch Name:ARMB, KHARAGPUR
Reserve Price:₹54,50,000
EMD:₹5,45,000
Bid Increment:₹50,000
Auction Time:11:30 A.M. To 3:30 P.M.
Service Provider:Public Auction
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This SARFAESI auction presents a unique opportunity to acquire land and a building in Kharagpur, Purba Medinipur, West Bengal. The property, formerly associated with M/s. Banerjee Fertilizer, is categorized as residential. It is being auctioned by Punjab National Bank. The property is ideal for investment or development purposes, offering a significant presence in a developing area. Detailed site inspections are recommended to fully appreciate the potential of this land and building asset.
State:West Bengal
City:Purba Medinipur
Area:Kharagpur.
Asset Category:Residential
Full Address:Moura Madour, Dist-Paschim Medinipur, AD.SR.O. Kharagpur, P.S. -Kharagpur (Local), JL. No. 385. Khatian No. RS 665, LR 876 Plot No. 671, Kharagpur, Purba Medinipur
Size:0.0675 Acre
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land and building property in Kharagpur, Purba Medinipur, West Bengal. The auction will commence on November 26, 2025, at 11:30 AM and conclude at 03:30 PM on the same day. The reserve price for this residential asset is INR 5,450,000, with an Earnest Money Deposit (EMD) of INR 545,000 required to participate. This is a prime opportunity to bid on a property with significant potential.
Borrower Name:M/s. Banerjee Fertilizer
Auction Type:SARFAESI Auction
Guarantor Names:Timir Banerjee, Late Anil Kumar Banerjee, W/o. Timir Banerjee
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable investment opportunity due to its location in Kharagpur and the presence of a land and building structure. However, a more detailed on-site inspection is needed to properly assess its true potential and condition before making a final decision. The symbolic possession status warrants extra due diligence.
Contact Details
Branch:Branch Office : ARMB, KHARAGPUR
Service Provider:Public Auction
Contact Details:
Contact no: —
