Land and Building for Auction Netaji Subhas Road Kolkata 1.4 Crore by Tata Capital Housing Finance Ltd

Quick read

• ▸Area: 2294 sq. ft.
• ▸Locality: Netaji Subhas Road
• ▸Reserve: ₹1,40,00,000
• ▸EMD: ₹14,00,000

About this property

Land And Building bank auction in Netaji Subhas Road, Kolkata by Tata Capital Housing Finance Ltd — reserve price ₹1,40,00,000, 2294 sq. ft..

Explore this prime commercial bank auction property located on Netaji Subhas Road, Kolkata. This 4th-floor commercial office space measures approximately 2294 sq. ft. and includes two car parking spaces. Situated in a prestigious municipal area, this property offers significant potential for businesses looking to establish a presence in the heart of Kolkata. The auction, conducted by Tata Capital Housing Finance Ltd, presents a unique investment opportunity. Prospective bidders should note the pending legal case (SA/19/2020) and existing municipal tax dues of Rs. 85 Lakhs. Ideal for investors and business owners seeking commercial real estate in West Bengal. Participate in the upcoming e-auction to secure this valuable commercial asset.

GeoSquare note: While the property is located in a prime commercial hub in Kolkata, the presence of significant municipal tax dues (Rs. 85 Lakhs) and a pending legal case before the DRT significantly impacts the overall value and risk profile. Potential buyers should conduct thorough due diligence regarding the outstanding liabilities before bidding.