Land for auction 404 Regent Garment & Apparel Park, Barasat, North 24 Parganas by Axis

Discover a significant opportunity in North 24 Parganas with this spacious 6016 sqft super built-up unit, strategically located on the fourth floor within Block 3 of the 'Regent Garment & Apparel Park' on Jessore Road (East), Barasat. Though situated in a park primarily known for garments, this unit is officially categorized under 'Residential' asset by Axis Bank, presenting unique possibilities for discerning buyers. Its prime location in Mouza - Sinthi, Barasat, ensures excellent connectivity and accessibility to essential amenities. The property offers not only a substantial individual space but also includes a proportionate undivided share of the underlying land, granting a stake in the larger complex. Furthermore, residents will enjoy comprehensive access to common areas, essential utilities like water closets, drainage, and lavatories, alongside various conveniences and facilities integral to the building. This provides a robust framework for a comfortable and well-supported living or investment environment in a rapidly developing locale. Its generous size and comprehensive inclusions make it an attractive prospect for those seeking substantial real estate in a promising area of West Bengal.

Participating in bank auctions can be a gateway to valuable property acquisitions, and this Axis Bank SARFAESI auction offers a prime opportunity. The e-auction for this property, facilitated by drt.auctiontiger.net, is scheduled for July 23, 2025, from 11:30 AM to 12:30 PM. Prospective bidders must note the crucial application submission deadline is July 22, 2025, by 03:00 PM. A Reserve Price of INR 1,74,00,000.00 has been established, and interested parties are required to submit an Earnest Money Deposit (EMD) of INR 17,40,000.00 to participate. As this is a SARFAESI auction, it is governed by specific legal frameworks, emphasizing the importance of conducting thorough due diligence regarding the property's title and physical condition prior to bidding. New buyers are strongly encouraged to contact Axis Bank directly at 03366272035 or 9830959995 for any clarifications, inspection arrangements, and to understand the complete terms and conditions of the e-auction process. Ensuring all requirements are met before the deadline is crucial for a successful bidding experience.