Land and Building for Auction Panchpota Sonarpur Kolkata 25.1 Lakh by Union Bank of India

Quick read

• ▸Area: 195.12 sq. ft.
• ▸Locality: Panchpota, Sonarpur
• ▸Reserve: ₹25,12,000
• ▸EMD: ₹2,51,200

About this property

Land And Building bank auction in Panchpota, Sonarpur, Kolkata by Union Bank of India — reserve price ₹25,12,000, 195.12 sq. ft..

Explore this residential bank auction property located in the prime area of Panchpota, Sonarpur, Kolkata. This double-storied residential building is available for sale via Union Bank of India. Situated in the Rajpur Sonarpur Municipality area, this property is being auctioned under SARFAESI Act proceedings. With a reserve price of ₹25,12,000, this auction offers an excellent opportunity for investors and homebuyers looking for property in South 24 Parganas. The property is well-defined by its boundaries and represents a clear interest in the growing residential market of Kolkata. Participate in this e-auction to secure your asset. For further details on the auction date and EMD submission, please refer to the official notification from Union Bank of India. Ideal for those seeking affordable real estate investment in a developing suburban locality.

GeoSquare note: The property is located in a well-established municipal area of Sonarpur, offering moderate investment potential. However, the very small built-up area (195.12 sq. ft.) limits its utility, making it a niche purchase suitable primarily for small-scale residential use. The clear 'Not Known to Bank' encumbrance status provides some assurance, though the small size is a key factor to consider regarding future resale value.