Land for auction Car Park, Tollygunge, Kolkata by Axis

The property is located at 53, Dr. Meghnad Saha Sarani (formerly Southern Avenue), Kolkata - 700 029, within the Tollygunge area (now P.S. Lake), Ward No. 87 of Kolkata Municipal Corporation. The land is described as revenue redeemed land, measuring approximately 3 Cottahs, 11 Chittacks, and 35 Sq. ft. It is situated in Holding No. 58, Sub-Division "P", Division VII, Dihi Panchannagram. The boundaries are: North by Premises No. 53B, South by Dr. Meghnad Saha Sarani (K.M.C. Road), East by Premises No. 53/1, and West by Lake Place (a 40' wide K.M.C. Road). Two distinct flats are part of this auction: The first is the Southern side of the Second Floor flat, with a super built-up area of 1398 Sq. ft., featuring two bedrooms, drawing-cum-dining, a box room, two bathrooms, and two verandahs. The second is the Northern side of the Second Floor flat, with a super built-up area of 500 Sq. ft., including one bedroom, one bathroom, a small terrace, and a verandah. This second flat also includes a 120 Sq. ft. covered car parking space on the ground floor. Both units include proportionate shares in the land and common areas. The asset category is Residential.

This auction is for a property located at 53, Dr. Meghnad Saha Sarani (formerly Southern Avenue), Kolkata - 700 029, in the Tollygunge area, now under Police Station - Lake. The property is being auctioned by Axis Bank. The auction includes two distinct parcels: Property No. 1, which is a piece of land measuring 3 Cottahs, 11 Chittacks, and 35 Sq. ft., and the Southern side of the Second Floor flat within the building on this land. The flat has a super built-up area of 1398 Sq. ft. and comprises two bedrooms, a drawing-cum-dining space, a box room, two bathrooms with modern fittings, and two verandahs. Property No. 2 involves a similar parcel of land and the Northern side of the Second Floor flat, measuring 500 Sq. ft., which includes one bedroom, one bathroom, a small north-facing terrace, and a verandah. This parcel also comes with a 120 Sq. ft. covered car parking space on the ground floor. Both properties are associated with undivided proportionate shares in the land and common areas of the building. The property was in the name of Mr. Avik Kanti Paul. The auction is conducted under SARFAESI Act with a reserve price of ₹1,42,50,000 and an EMD of ₹14,25,000. The auction will take place on July 18, 2025, from 11:00 AM to 12:00 PM. Applications for participation must be submitted by July 17, 2025, 04:00 PM.