Land for auction 1 Ekshara, P.S.Liluah, Liluah, Howrah by Tamilnad Mercantile Bank

Discover an exceptional investment opportunity in Liluah, Howrah, West Bengal, with this expansive vacant land parcel offered by Tamilnad Mercantile Bank Limited. Spanning a substantial 38.2 decimal, inclusive of a 3.9 decimal common pathway, this property provides considerable scope for development. Strategically located at J.L.NO.4, Mouza Ekshara, under Chamrail Gram Panchayat, its prime position is further enhanced by direct access to Benaras Road, ensuring excellent connectivity and high visibility. The precise boundaries – bordered by DAG NO.825, 827 to the North, a 24-foot wide internal passage to the South, LOT B to the East, and Benaras Road to the West – provide clear demarcation for future planning. Classified under the residential asset category, this land is ideal for a new buyer seeking to develop a residential project, invest for long-term capital appreciation, or establish a valuable holding in a rapidly developing urban fringe.

This significant bank auction by Tamilnad Mercantile Bank Limited presents a prime opportunity for aspiring property owners. The auction is conducted under the SARFAESI Act, ensuring a transparent and legally robust process for acquiring secured assets. Interested bidders are required to submit an Earnest Money Deposit (EMD) of INR 2,920,000, which is 10% of the Reserve Price set at INR 29,200,000. Mark your calendars: the e-auction is scheduled for February 25, 2025, commencing at 10:30 AM and concluding sharply at 11:30 AM. It is crucial to note that all applications and necessary documentation must be submitted by February 24, 2025, at 4:00 PM. Prospective buyers are strongly advised to conduct thorough due diligence, review the official sale notice, and contact the bank's Kolkata Branch directly via 033-22432822 or Mobile: 9831008565 for any clarifications regarding the property or bidding process.