Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613853
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE: MIDNAPORE
Reserve Price:₹63,00,000
EMD:₹6,30,000
Bid Increment:₹10,000
Auction Time:11:00 A.M. to 05.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
A valuable land and building located in Ramnagar, Purba Medinipur, West Bengal. This residential property is being auctioned by Indian Bank. Ideal for investment or personal use, it offers a unique opportunity in a developing area.
State:West Bengal
City:Purba Medinipur
Area:Ramnagar,
Asset Category:Residential
Full Address:135, Mouza-Salyadpur, P.O. Ramnagar, P.S. Ramnagar, Purba Medinipur, J.L. No. 204, Khatian No. 431 (L.R.), Plot No. 135, Ramnagar, Purba Medinipur
Size:6.50 Decimal
Auction Description
Indian Bank presents a SARFAESI auction for a land and building property in Ramnagar, Purba Medinipur, West Bengal. The auction will commence on November 19, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price is INR 6,300,000, with an Earnest Money Deposit (EMD) of INR 630,000. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mis. Nayak Wood Construction Pvt. Ltd
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Subject to outcome of SA / 235 / 2024 filed before Hon'ble DRT-2, Kolkata
Why This Property
The property is a land and building in Ramnagar, offered at a reasonable reserve price. While the location is not a major metropolitan area, the auction terms are standard, presenting a calculated opportunity for regional investors. Further investigation into the specific legal encumbrances is recommended.
Contact Details
Branch:Branch Office : ZONAL OFFICE: MIDNAPORE
Service Provider:BAANKNET
Contact Details:
Contact no: —
