Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610842
Bank Name:Punjab National Bank
Branch Name:ARMB, KHARAGPUR
Reserve Price:₹36,10,000
EMD:₹3,61,000
Bid Increment:₹25,000
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:2023-12-27
Property Description
This is a bank auction of a Land and Building property located in Kolaghat, Purba Medinipur, West Bengal. The property is being auctioned by Punjab National Bank under the SARFAESI Act. The borrower is Mr. Arindam Bera. This is a residential asset.
State:West Bengal
City:Purba Medinipur
Area:kolaghatt
Asset Category:Residential
Full Address:Flat No. AD, AVANTI VILLA APARTMENTS, Mouja-Paikpan, AD.SR.O. Kolaghat. PS.- Kolaghat, Dist-Purba Medinipur. Plot No. 1859. 1808, 1809, 1810, JL. No. 286. Kh. No. LR 470/01, 4035, 4076, Kolaghat, Purba Medinipur
Building/Society:AVANTI VILLA APARTMENTS
Size:1132 Sq.ft
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Kolaghat, Purba Medinipur, West Bengal. The auction will take place on November 26, 2025, starting at 11:30 AM and ending at 03:30 PM. The reserve price is ₹3,610,000.0, with an Earnest Money Deposit (EMD) of ₹361,000.0 required to participate.
Borrower Name:Mr. Arindam Bera
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Debasmita Chattaraj Bera
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Kolaghat presents a calculated opportunity due to its residential nature and proximity to Purba Medinipur. The reserve price and auction terms are reasonable, though symbolic possession indicates potential complexities. Further due diligence is advised before bidding.
Contact Details
Branch:Branch Office : ARMB, KHARAGPUR
Service Provider:Public Auction
Contact Details:
Contact no: —
