Property for Auction in Baishyachak, Purba Medinipur, West Bengal
Auction ID:530798
Bank Name:Canara Bank
Branch Name:Regional Office: Howrah
Reserve Price:₹34,73,000
EMD:₹3,48,000
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Located in the burgeoning area of Baishyachak, Purba Medinipur, West Bengal, this property offers a significant opportunity for investment and development. The parcel comprises 25 decimals of Bastu Land, suitable for residential purposes, and includes an existing building, suggesting immediate usability or potential for renovation. Its strategic position with a Government Road to the east facilitates accessibility, a crucial factor for any real estate venture. The property's boundaries are clearly defined, with neighbors including Pradot Bhunia and Chandan Patra, providing a clear understanding of the immediate surroundings. Being in Purba Medinipur, a region known for its growing infrastructure and economic activity, this land and building asset holds considerable potential for capital appreciation and rental income. The property is currently under symbolic possession, indicating a clear pathway towards legal transfer upon successful bidding.
State:West Bengal
City:Purba Medinipur
Area:Baishyachak
Asset Category:Residential
This SARFAESI auction presents a compelling opportunity for new property buyers to acquire a Land And Building asset in Baishyachak, Purba Medinipur, West Bengal. The auction, conducted by Canara Bank, will take place on July 31, 2025, with bidding open from 11:30 AM to 1:30 PM. Interested parties are required to submit their applications by July 29, 2025, at 5:00 PM. The property is situated on Kh. No. 1158, 1159, 1160, J.L. No. 108, Plot No. 343, 345, 346, covering 25 decimal Bastu Land with an existing building. It is bordered by Pradot Bhunia to the North and West, Chandan Patra to the South, and a Government Road to the East. The reserve price for this auction is INR 34,73,000, with an Earnest Money Deposit (EMD) of INR 3,48,000. This sale is being managed by BAANKNET. For further inquiries, prospective buyers can contact the Branch-in-Charge at 8334999194.
Borrower Name:Mr. Sanjay Barman
Auction Type:SARFAESI Auction
Contact Person: Branch-in-Charge Mobile No : 8334999194