Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614472
Bank Name:Axis Bank
Branch Name:Local Office : Kolkata
Reserve Price:₹8,23,000
EMD:₹82,300
Bid Increment:₹20,000
Auction Time:11:00 AM to 12:00 noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This is a prime land parcel located in the well-connected area of Belgharia, North 24 Parganas, West Bengal. The property is offered by Axis Bank through a SARFAESI auction. It presents a unique opportunity for development or investment in a growing residential zone. The land is situated in a desirable location, offering potential for future appreciation.
State:West Bengal
City:North 24 Parganas
Area:Belgharia
Asset Category:Residential
Full Address:7, Old Nimta Road, under the collector of North 24 Parganas, Belgharia, North 24 Parganas
Size:10 Cottahs
Auction Description
Axis Bank presents a SARFAESI auction for a valuable land parcel in Belgharia, North 24 Parganas, West Bengal. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this residential land is INR 8,23,000, with an Earnest Money Deposit (EMD) of INR 82,300 required. This is a secured asset auction originating from a loan extended to Mr. Nirmal Sharma.
Borrower Name:Mr. Nirmal Sharma
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Shefali Sharma
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Belgharia, offered at a reasonable reserve price. While the location is specified, further due diligence is recommended to assess local market conditions and potential returns. Given the moderate score, this is a calculated opportunity best suited for informed investors.
Contact Details
Branch:Branch Office : Local Office : Kolkata
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. MD. Alam / Mr. Anupam Mullick
Contact no:9903610319/9674433355
