Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610884
Bank Name:Punjab National Bank
Branch Name:ARMB, KHARAGPUR
Reserve Price:₹24,10,000
EMD:₹2,41,000
Bid Increment:₹20,000
Auction Time:11.30 A.M. To 3.30 P.M.
Service Provider:Public Auction
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This SARFAESI auction by Punjab National Bank features a residential land and building located in Tamluk, Purba Medinipur, West Bengal. The property is associated with the borrower M/s. Midya Service Station. It offers a unique opportunity to acquire real estate in a developing area.
State:West Bengal
City:Purba Medinipur
Area:Tamluk.
Asset Category:Residential
Full Address:A-2, Sarada Apartment, Mouza-Parbatipur, PS-Tamuk Dist-Purba Medinipur, Plot No. 171. JL. No. 143, Kh. No. 1092/1 (LR), Tamluk, Purba Medinipur
Building/Society:Sarada Apartment
Size:750 Sq.ft.
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a land and building property in Tamluk, Purba Medinipur. The auction will commence on November 26, 2025, at 11:30 AM and conclude at 3:30 PM on the same day. The reserve price is set at ₹24,10,000, with an Earnest Money Deposit (EMD) of ₹2,41,000 required to participate.
Borrower Name:M/s. Midya Service Station
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Tamluk offers a moderate investment opportunity. While the location is developing, the property's type and size make it a potentially viable option. The symbolic possession status introduces a degree of risk, but the relatively accessible reserve price and EMD make it a calculated opportunity for investors.
Contact Details
Branch:Branch Office : ARMB, KHARAGPUR
Service Provider:Public Auction
Contact Details:
Contact no: —
