Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611572
Bank Name:Punjab & Sind Bank
Branch Name:ARB, Kolkata
Reserve Price:₹20,50,000
EMD:₹2,05,000
Bid Increment:₹10,000
Auction Time:02:00 PM - 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-29
Bid Start Date:2025-12-30
Property Description
This is a SARFAESI auction for a residential land and building located in Barasat, Kolkata, West Bengal. The property is being auctioned by Punjab & Sind Bank. The borrower is M/s. Biswakarma Furniture. This presents an opportunity to acquire a property in a well-known area of Kolkata.
State:West Bengal
City:Kolkata
Area:Barasat
Asset Category:Residential
Full Address:25/1, Holding No. 25/1, Ghospara, P. O. - Udayrajpur, P. S. - Barasat, Udayrajpur, Kolkata
Size:2 Cottah
Auction Description
Punjab & Sind Bank is conducting a SARFAESI auction for a land and building property in Barasat, Kolkata. The auction has a reserve price of ₹20,50,000 and requires an Earnest Money Deposit (EMD) of ₹2,05,000. The auction will take place on December 30, 2025, starting at 02:00 PM and concluding at 04:00 PM. Don't miss this chance to bid on this valuable asset.
Borrower Name:M/s. Biswakarma Furniture
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Namita Ghosh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Barasat, Kolkata, a developing area. The price seems reasonable, but potential buyers should conduct thorough due diligence considering it's a bank auction property and under symbolic possession. The land and building combination could offer decent returns with careful planning and execution.
Contact Details
Branch:Branch Office : ARB, Kolkata
Service Provider:BAANKNET
Contact Details:
Sh. Nafe Singh
Contact no:9953312185
