Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611021
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH, SOUTH BENGAL
Reserve Price:₹25,00,000
EMD:₹2,50,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-12-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a land property located in Bishnupur, South 24 Parganas, West Bengal, being auctioned by the State Bank of India. The property is categorized as residential land. It is being sold under the SARFAESI Act. This presents an opportunity to acquire land in a developing area.
State:West Bengal
City:South 24 Parganas
Area:BISHNUPUR
Asset Category:Residential
Full Address:ASTER VILLE NO.34, SONAR GAON, Mouza - Jhikurberia, JL. No-9, R.S. No. 59, comprised in R.S. Khatian No. 63 under L.R. Khatian No. 1158, appertaining to R.S. & L.R Dag No.707, under police station-Bishnupur, Bishnupur, South 24 Parganas
Building/Society:SONAR GAON
Size:1080 sq.ft.
Auction Description
State Bank of India is conducting a SARFAESI auction for a residential land property in Bishnupur, South 24 Parganas, West Bengal. The auction will take place on November 19, 2025, from 11:00 AM to 4:00 PM. The reserve price for this land is ₹25,00,000, with an Earnest Money Deposit (EMD) of ₹2,50,000 required to participate. This auction is an opportunity to purchase land under the SARFAESI framework.
Borrower Name:Shri Prasenjit Rakshit
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Barsha Rakshit, Shri Ashok Rakshit, Hitachi Rail STS
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a decent opportunity given its location and the existing structure. However, potential investors should consider the specifics of the location and building condition. The reserve price appears reasonable, suggesting a balanced risk-reward profile for the auction participant.
Contact Details
Branch:Branch Office : STRESSED ASSETS RECOVERY BRANCH, SOUTH BENGAL
Service Provider:BAANKNET
Contact Details:
T. Bhattacharyya
Contact no:9674741605
