Representative illustration — Land And Building bank auction in Madpur
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Strong Buy

Land and Building for Auction Madpur Paschim Medinipur 44.2 Lakh by Punjab National Bank 23 Jun 2026

Madpur, Paschim Medinipur

Area: 0.0675 acre

Mouza- Madpur, Dist. Paschim Medinipur, MA.D.S.R.O. Kharagpur, P.S. Kharagpur (Local), JL No. 385, Khatian No. RS 665, LR 876, Plot No. 671

Punjab National Bank · Circle Office Kharagpur Sam Dept

Reserve price

₹44,20,000

EMD ₹4,42,000

Auction date

23 Jun 2026, 11:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 0.0675 acre
  • Locality: Madpur
  • Reserve: ₹44,20,000
  • EMD: ₹4,42,000

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityMadpur
Built-up / plot area0.0675 acre
LenderPunjab National Bank
BranchCircle Office Kharagpur Sam Dept
Unit / flat no.Plot No. 671
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Land And Building bank auction in Madpur, Paschim Medinipur by Punjab National Bank — reserve price ₹44,20,000, 0.0675 acre, Symbolic possession.

Seize this bank auction opportunity for a prime residential land and building in Madpur, Kharagpur, Paschim Medinipur, West Bengal. This 'Bastu land' property, Plot No. 671, spans 0.0675 acres and is offered by Punjab National Bank. The reserve price is ₹4,420,000 with an EMD of ₹442,000 and a bid increment of ₹10,000. The e-auction is scheduled for June 23, 2026, from 11:30 AM to 03:30 PM. Known encumbrances are 'Not Known to Bank', and possession status is Symbolic. This bank auction property is an ideal investment for residential development or a new home in Kharagpur.

GeoSquare note: This land and building property in Madpur, Kharagpur, presents a strong investment opportunity due to its location in a significant town and versatile 'Bastu land' classification. The reserve price of ₹44.20 Lakhs for 0.0675 acres appears competitive. While symbolic possession implies potential delays in physical handover, the 'Not Known to Bank' encumbrance detail is standard. This property is well-suited for residential development.

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