Land And Building for auction Orgram Burdwan 3 Cr Punjab National Bank

Property for Auction in Burdwan (PB), Purba Bardhaman, West Bengal

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2.34 Acre
Reserve Price
3,12,98,000
Reserve Price
3,12,98,000
EMD Required
31,29,800
Property Specifications
Size2.34 Acre
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Burdwan (PB), Purba Bardhaman
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:611871

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:3,12,98,000

EMD:31,29,800

Bid Increment:50,000

Auction Time:11.00 AM to 4.00 PM

Service Provider:BAANKNET

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 a Land and Building property in Burdwan (PB), Purba Bardhaman, West Bengal. The asset is categorized as Residential and is being auctioned by Punjab National Bank. The property was previously associated with M/s IPZ Layer Firm. Ideal for investment or personal use, this property is situated in a well-established area of Purba Bardhaman.

State:West Bengal

City:Purba Bardhaman

Area:Burdwan (PB)

Asset Category:Residential

Full Address:Vill- Orgram, Mouza-Orgram, JL No. 11. LR Kh No. 6790 and 6554 (Previous LR Kh No 31) LR Plot No. 5278, 5280, 5281 5205/16617 and 5279, covered under Deed No. 1-066/2018 & 1-5906/2017, Orgram, Burdwan

Size:2.34 Acre

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a Land and Building property located in Burdwan (PB), Purba Bardhaman, West Bengal. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this residential asset is ₹3,12,98,000, with an Earnest Money Deposit (EMD) of ₹31,29,800. Interested bidders are advised to review all auction terms and conditions provided by the bank.

Borrower Name:M/s IPZ Layer Firm

Auction Type:SARFAESI Auction

Guarantor Names:Sk Imamuddin (Partner), Parsina Begam (Partner)

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not known to Bank at present.

Why This Property

The Burdwan property offers reasonable potential given its size and location, though the symbolic possession and 'as is' condition introduce risk. The reserve price requires careful market analysis to ensure a positive return on investment. This is a calculated opportunity suitable for investors with experience in property development and auction acquisitions.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Ashok Kumar

Contact no:9102405790

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