Land for auction 345 Purba Bardhaman, Memri, Purba Bardhaman by PNB

Discover an excellent opportunity for homeownership or investment with this residential Land and Building situated in the serene locality of Memri, within the Purba Bardhaman district of West Bengal. Specifically located over Plot No-345, apart of L.R Khatian No-64 of Mouza Dehipalasan, J.L No-9, P.S-Memari, this property offers a substantial area of 7 cents classified as 'bastu,' making it ideal for immediate residential development or the construction of your dream home. Its classification as 'bastu' indicates suitability for habitation, a significant advantage for prospective buyers. The location in Purba Bardhaman provides a balanced lifestyle, combining semi-urban conveniences with a tranquil environment, appealing to families and individuals seeking a peaceful abode with potential for future value appreciation. This offering presents a compelling chance to acquire a tangible asset in a promising area through a transparent bank auction process.

This residential property, a Land and Building asset, is being offered through a SARFAESI Auction by Punjab National Bank, indicating a robust and legally defined process for acquiring non-performing assets. New property buyers should note the critical dates: the auction is scheduled for February 7, 2025, running from 11:00 AM to 4:00 PM. A crucial deadline for participation is the Application Submission Date on February 6, 2025, by 5:00 PM. The Reserve Price for this asset is set at INR 2,012,000.00, with an Earnest Money Deposit (EMD) of INR 201,200.00 required to qualify for bidding. This EMD amount, typically 10% of the reserve price, must be submitted before the application deadline. Prospective bidders are strongly encouraged to contact Mr. Manish Kumar Pandey at 9331391133 for any clarifications regarding the auction process, documentation, or property inspection, ensuring a smooth and informed bidding experience on the BAANKNET platform.