Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610916
Bank Name:Punjab National Bank
Branch Name:ARMB, KHARAGPUR
Reserve Price:₹14,50,000
EMD:₹1,45,000
Bid Increment:₹10,000
Auction Time:11.30 A.M. To 3.30 P.M.
Service Provider:Public Auction
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
Prime land parcel located in Contai, Purba Medinipur, West Bengal. This residential land offers a significant investment opportunity in a developing area. The property is being auctioned by Punjab National Bank under the SARFAESI Act. Ideal for residential development or investment. Proximity to local amenities and transport links.
State:West Bengal
City:Purba Medinipur
Area:Contai
Asset Category:Residential
Full Address:Plot No. (RS) (LR) 385, Vil/Mouza-Barchandibheti, P.O. - Amtalia, P.S-Contai, Pin-721 427, Contai, Purba Medinipur
Size:3 Decimal
Auction Description
Punjab National Bank presents a SARFAESI auction for a valuable land parcel in Contai, Purba Medinipur, West Bengal. The auction is for the asset of Mis. Shahi Enterprise. Bidding opens on 26-11-2025 at 11:30 AM and closes on 26-11-2025 at 03:30 PM. The reserve price is ₹14,50,000.00, with an EMD of ₹1,45,000.00. Don't miss this chance to acquire a promising property in a sought-after location.
Borrower Name:Mis. Shahi Enterprise, Proprietor
Auction Type:SARFAESI Auction
Guarantor Names:Asim Kumar Giri, Gurupada Giri, Manjushree Giri
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vacant land in a developing location with a relatively low reserve price, making it a calculated investment opportunity. However, the symbolic possession status and limited details necessitate careful due diligence.
Contact Details
Branch:Branch Office : ARMB, KHARAGPUR
Service Provider:Public Auction
Contact Details:
Contact no: —
